Crypto Wars Continue – Bitcoin’s Self Proclaimed Founder Craig Wright Threatens to Sue Ethereum’s Vitalik Buterin

Another crazy day in the world of Crypto...

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by Richard Kastelein

Craig Wright, who says he is the founder of Bitcoin Satoshi Nakamoto and has been the subject of intense scrutiny from the press and been heavily ripped apart by the Reddit community in the past, is threating lawsuits against Ethereum founder Vitalik Buterin (who keeps a library called the Cult of Craig on Github) and podcaster Peter McCormack who poked at Wright for claiming to be Satoshi on Twitter too many times apparently.  Wright sent letters last week of his intent to litigate both of them – according to a recent Bloomberg news article

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Buterin has claimed publicly he does not believe Wright is Nakamoto

McCormack retorted that he has taken legal advice… snapping that Wright’s claim was so vexatious that he now has 15 lawyers who are willing to represent him on a pro bono basis:

Wright, who has claimed to have filed 666 patents on Blockchain, is being sued for a billion dollars, is likely not Nakamoto according to Bitcoin pioneer, Jeff Garzik said in Bloomberg last year:

“My personal theory is that it’s Floridian Dave Kleiman,” Garzik said in a phone interview. “It matches his coding style, this gentleman was self-taught. And the Bitcoin coder was someone who was very, very smart, but not a classically trained software engineer.”

Wired was also dubious. And there’s a slew of evidence brought forward by internet sleuths that Wright allegedly twisted the evidence trying to prove he was Bitcoin’s founder by faking Satoshi’s PGP keys, an allegedly faked cryptographic representation of a 2009 transaction that took place on the Blockchain and more. Venzen Khaosan from CCN did an extensive expose on the technical proof alleging Wright was not Satoshi in 2016.

And just two days ago Reddit detectives alleged an email submitted by Wright in the Kleiman court case is faked. Not to mention all the Bitcoin, in any case, was allegedly shown to have nothing to do with Wright or Kleiman.

However, Wright’s claim he is Nakamoto was originally backed as truth by two significant members of the Bitcoin community: founding director at Bitcoin Foundation and CEO of Hushmail Jon Matonis (who has now stopped working with Wright) and chief scientist at the Bitcoin Foundation Gavin Andresen (who then retracted his statement).

But the Streisand Effect has begun. When you try to clamp down on detractors, things tend to get worse.

Heavyweight cryptocurrency exchange Binance has delisted Wright’s Bitcoin forked Bitcoin Satoshi Vision (BSV) coin over this brouhaha.

US cryptocurrency exchange Kraken also announced on April 16, 2019 –  they will also delist bitcoin SV. 

Not to forget bitcoin.com

And then Eric Voorhees from Shapeshift.

Oh… wait… more?

and more…?

Free speech is something that even the crypto-anarchist Libertarians and altruistic, lefty, ideologues in the community can seemingly agree on. This is a classic Streisand Effect in action. 

But if you think things could not get any weirder, controversial Canadian billionaire and Antigua-based online gambling czar and Wright supporter, Calvin Ayre blasted out a series of tweets in Wright’s defence, Bizarrely comparing him to Jesus Christ.

Oh yes, it can get weirder, former Libertarian presidential candidate John McAfee says he is suing Ayre and vows to bankrupt the billionaire. 

Some in the community are feeling left out of the latest melee in this stranger-than-fiction reality show we called Crypto. 

Looks like Wright will be hiring some more lawyers. And no, I am not looking to be sued. Allegedly.

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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