Cryptocurrencies

Craig S Wright comments on CFTC website, calls himself Satoshi

Craig S Wright has left a comment on the US Commodity Futures Trading Commission’s website in response to its request for input on crypto asset mechanics and markets.

Associating himself with nChain/University of Leicester in the UK, the Bitcoin SV proponent notes that under the pseudonym of Satoshi Nakamoto he completed a project, started in 1997, that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet.

“The amount of misunderstanding and fallacious information that has been propagated concerning Bitcoin and any derivative system based on a blockchain (such as and including Ethereum) has resulted in my choice to start to become more public,” he states.

“The system I created was designed in part to end fraud as best as that can be done with any technology. The lack of understanding about the functioning of blockchains has resulted in widespread misinformation and a dissemination of old scams. Many of the former USENET and web IPOs scams have been propagated with the re-badging as an ICO.”

What do you reckon, readers, have we reached peak fake Satoshi?

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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