Craig Wright Awarded Bitcoin (BTC) White Paper Copyright, Suggesting Bitcoin (BSV) is True BTC Vision
May 21, 2019
Bitcoin SV (BSV) Breakout
- The ongoing saga of Bitcoin SV (BSV) and outspoken proponent Craig Wright took perhaps its most unexpected turn yet today after Coin Geek reported that Wright has been granted the US copyright registrations for the original Bitcoin (BTC) white paper. On the news, BSV soared to 127.97% to an intraday high of $139.31 before paring gains -- at the time of this writing, BSV is up 57.47% over the last 24 hours to $96.23.
- Wright has long-claimed to be Satoshi Nakamoto, the fabled and anonymous creator or creators of the Bitcoin network. In December 2015, reports surfaced from Wired and Gizmodo that linked Wright, an Australian computer scientist, with the pseudonym Satoshi Nakamoto. In the Wired article, authors Andy Greenberg and Gwern Branwen wrote that Wright, “either invented bitcoin or is a brilliant hoaxer who very badly wants us to believe he did.”
- Since these articles were published, Wright has adamantly claimed to be Satoshi Nakamoto, although his claim is still yet to be accepted by a majority of the crypto industry.
- On Tuesday, Coin Geek published a report explaining that the US Copyright Office recognizes Wright as the author, under the pseudonym Satoshi Nakamoto, of both the BTC white paper and the network’s code, “after receiving confirmation from Wright that he is Satoshi Nakamoto.”
- Not many members of the crypto community are accepting Wright as the creator of BTC, however. Coin Center Executive Director Jerry Brito, for example, took to Twitter to write, “Registering a copyright is just filing a form. The Copyright Office does not investigate the validity of the claim; they just register it. Unfortunately there is no official way to challenge the registration. If there are competing claims, the Office will just register all of them.”
- So, why is BSV soaring on today’s news? Back in November 2018 when BSV, which stands for, “Bitcoin Satoshi Vision”, hard forked from Bitcoin Cash (BCH), Wright was the biggest proponent of the new network whose goal was to restore, “the original Satoshi protocol.” If Wright’s claims are found to be true, it would confirm that BSV is the true vision for Bitcoin.