Comment for Orders and Other Announcements 83 FR 64563
View all comments for 83 FR 64563
From: Craig S Wright
Organization(s):
nChain Ltd
University of Leicester, UK
Comment No: 61969
Date: 2/15/2019
Comment Text:
This is a response in generalized format to the Commodity Futures Trading Commission, request for input on crypto asset mechanics and markets. My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I 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. 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.
https://comments.cftc.gov/PublicComments/ViewComment.aspx?id=61969....
Would be interested to know what public opinions on Craig Wright's claims of being Satoshi are.
The thing that stands out most in my mind is one of Craig Wright's business ventures reportedly being supplied with $200 million in funding years ago. I interpreted this to mean Craig Wright was bought out by the establishment. Big banks paid him millions to push this false agenda of him claiming to be Satoshi as part of their anti crypto political agenda.
The timing of this could coincide with the recent appreciation of bitcoin's value. As we've seen in the past, many of these developments occur during times when the value of bitcoin is expected to rise. Perhaps in a deliberate effort to push the price back down. The timing of "bitcoin is a bubble" and other questionable news reports have paralleled this in the past and if history indeed repeats itself perhaps we'll witness a continuation of this trend leading into the future.
Of course, I could be in error here. Perhaps there are others who have followed these cases closer than I have and devoted more time and energy towards researching the claims made. If so I would be interested to hear it.