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…

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…

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…

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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.

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…

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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…

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:

If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote.

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

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…

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

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

A second area of concern is the lack of a bright-line test for whether a token is a security at the end of three years. To avoid the securities classification at the end of the safe harbor period, the network would have to be decentralized, which means it is not controlled and is not reasonably likely to be controlled, or unilaterally changed, by any single person, group of persons, or entities under common control. …

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.

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…

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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