Read the full article and more on my personal blog here.

Many falsely believe that by simply producing more money or redistributing it, we would all suddenly have more wealth. It can come in multiple formats: it can be in the form of cash or alternative instruments, which we see more commonly today. Such instruments include debt and loan obligations. For instance, producing government loans that issue money to businesses creates new money as the entry on the central bank is produced and then replicated across other banks and financial institutions.

Money is simply a means of mapping obligations. It is a way of sending obligations through time. With barter, individuals trade goods and services at a point in time. The scenario can be extended using contracts and simple derivatives such as futures agreements. Here, one individual could trade a cow to be delivered on the same day as the agreement is concluded with another party accepting an obligation to deliver 10 sacks of barley six months later. …


Read the full article and more on my personal blog here.

The solution to problems with crime and money laundering always existed within Bitcoin. In the white paper itself, it is explained many times that attackers could be controlled by honest nodes. When I launched Bitcoin, I had not yet completed implementing the system of the alert key, and I still had not fully determined how it would best work. It was always envisioned. When I said that there was a strategy to protect systems based on simplified payment verification (SPV) using alerts from nodes, I was not limiting the nature of alerts to the same one possible form of attack. The difficulty in the implementation, at the time, lay in determining which nodes should be trusted. It involved not the core approach of proofs, but rather one of determining the voting strategies of nodes. …


Read the full article and more on my personal blog here.

Everything in life comes with trade-offs. Something that few people understand is part of understanding who I am for myself. I have Asperger’s, or, as they call it now, autism spectrum disorder (ASD). Unlike some people, I’m lucky in the sense that I can train myself. Like it or not, I can honestly say that I have one of the highest IQs you’re likely to encounter. It is counterbalanced by a severe deficit in social skills. They have improved, over the last 30 years, to where they are now. Having said so, even now, I don’t match the social skills of the average teenager. …


Read the full article and more on my personal blog here.

It is a myth that all the posts on Bitcointalk (bitcointalk.org) from my account (Satoshi) are in fact mine and have not been edited or changed and that the login on the website belongs to me. Satoshi (I) never used Bitcointalk. My final post, in fact, links to a domain that does not exist.

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The images presented are all verifiable early versions of parts that would form the original Bitcoin website. You will not see any of the associated links any more.

As you encounter a link to one of my (supposed) final posts on Bitcointalk, what you see may seem innocuous. To the casual observer, it will look as if it’s a link to a post I made, yet, the supposed author never made it. I can say, in other words, the creator of Bitcoin didn’t make the post, because Satoshi didn’t. You see, the original forum was created as a subsite of the bitcoin.org website. It wasn’t a separate domain. It’s not too difficult to check what I’m saying. The Wayback Machine is not perfect, far from it, and it can be gamed, but the first time the Bitcointalk domain was checked happened to be in July 2011 (https://web.archive.org/web/*/https://bitcointalk.org/). At the time, the website had not been created yet (https://web.archive.org/web/20110710034118/https://bitcointalk.org/; https://web.archive.org/web/20110710034118/https://bitcointalk.org). You will notice that the forum looks familiar very shortly afterwards. …


Read the full article and more on my personal blog here.

Segregated Witness (SegWit) was said to be introduced to stop purported errors caused by malleability. The truth of the matter is that it was introduced as a means of producing the Lightning Network (short: Lightning) protocol and changing Bitcoin from a property-based token system to an account-based one. Bitcoin is based on individual indivisible property tokens, known as a satoshi. There are 100 million individual tokens for every nominal coin, known as bitcoin. Because of the form of the register in Bitcoin, it is possible to fully possess civil property — even though bitcoin is intangible and digital. …


Read the full article and more on my personal blog here.

Before I launched Bitcoin, I had been discussing how the proposed system would work. [1]

Many people have failed to read my white paper and assumed that Bitcoin is a voting system that allows rules by consensus where every individual has a vote. The white paper says:

It does not say “one-computer-one-vote”, as each CPU does not represent an individual. It doesn’t represent nodes running as users on the network. …


Read the full article and more on my personal blog here.

Bookkeeping and accounting journals used within double-entry bookkeeping require write once read many (WORM) tables. Any accounting is posted entry is required to be write-only, with the database being set to ensure the read-only nature of posted entries. Accountants have used such a ledger format and posted journal entries using the same method for over 800 years now. Traditionally, accounting records would be maintained using a double-entry ledger written on paper. …


Read the full article and more on my personal blog here.

Today, as I have done in the past, I set up a number of accounts with Binance based only on the verification of email addresses. As was the case with Liberty Reserve, which would then, in 2013, be shut down in accordance with anti-money laundering (AML) regulations, Binance requires a name, a date of birth, and an email address. None of it is verified at all. Binance provides you with a 24-hour withdrawal period giving you an allowance of up to 2 BTC in the time frame. I was previously able to, in one day, set up over 100 such accounts, none of which involved real names or addresses. …


Read the full article and more on my personal blog here.

In a recent statement by SEC Commissioner Peirce, it was explained:


Dogma

I have read several posts about myself that have been produced right up to recently stating that I should be forced to go to court to face charges of identity theft. I wonder if any of these people actually realise that my legal actions against multiple people in the space involve my demonstrating my role as the sole creator of bitcoin.

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The argument is created that the crypto elite don’t believe me or that I haven’t suitably impressed them. These are self-appointed authorities with no real knowledge of blockchain, and deftly no understanding of bitcoin who have copied my software and broken many of the features. Before bitcoin in 2012, one of the principal authors on the bitcoin Core Ethereum front was close to being homeless and unemployable. …

About

Craig Wright (Bitcoin SV is Bitcoin.)

My opinions are my own. Eternal student & researcher; plugging Bitcoin from as long as it was lawyer, banker, economist, coder, investor, mathematician, & stats

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