We are well aware of the fact that over the years, since the introduction of Bitcoin, there have been speculations about the true identity of Satoshi Nakamoto, and different people have been fingered as being the real Satoshi Nakamoto. However, none is as controversial as self-proclaimed creator of Bitcoin, Craig Wright, who has been in and out of legal battles. However, it does not look like Craig is backing down from his claims anytime soon, as he has continued to maintain that he is the real inventor of one of the world’s most popular cryptocurrency, Bitcoin.

According to a tweet by Changpeng Zhao, the CEO of Binance, he thinks that Craig is a fraud, and believes that if he were the one, he would be able to prove so as brilliantly as the way Satoshi Nakamoto created Bitcoin. In an interview with Cointelegraph, Zhao said that with the way Wright is going about the whole thing, he has gone beyond hurting his reputation, but his actions are also hurting the crypto community as a whole. Zhao said Craig’s claims of being Satoshi Nakamoto was a lie, and as such, he was bringing nothing but harm to Bitcoin’s credibility, and his actions were disgraceful to the crypto industry.

Satoshi has more depth

Zhao took it further by explaining that there were different ways for Wright to prove that indeed he was Satoshi Nakamoto. One way was for Wright to come out with a mathematical proof that involved his dropping a signature message with the private key owned by the real Satoshi, or having some bitcoin moved from Satoshi’s address. Zhao added that if he did not want to go that route, he could choose an easier way that involved his dropping a message with the Satoshi account on the P2P Foundation, just like Satoshi did when he cleared the air about speculations that Dorian Nakamoto was Satoshi.

There are no doubts that Zhao believes that the real Bitcoin inventor is more capable than what Wright has been doing. Cointelegraph also asked Zhao’s opinion about Bitcoin SV, a Bitcoin fork founded by Craig Wright, Zhao said he had not taken time to really look into the project, and thus could not say much about whether the fork was fraudulent or not. However, he maintained that if the coin was useful, then the reputation had already been damaged by the fraudulent nature of the owner. He further suggested that investors involved in the BSV coin, should come up with another fork, and have it renamed. You will recall that sometime in 2019, Binance delisted BSV from its platform after Craig Wright went overboard with the crypto bounty he put out for anyone who could expose the identity of the person handling the Lightning Torch initiative’s Twitter account.

Wright does not seem to be bothered about his reputation, and interestingly a lot of crypto users and investors are really not bothered about the real identity of Satoshi Nakamoto, as the impact of knowing the true identity would be insignificant.

Image Source: Shutterstock

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice. This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

You May Also Like

Cryptocurrency Markets Add Another $13 Billion This Week, Stock Market Falls Slightly

Cryptocurrency markets saw their second consecutive week of adding double digits to…
IDEX Crypto Exchange

IDEX Selects Quantstamp for Code Audit of IDEX 2.0

SAN FRANCISCO – IDEX, a leading decentralized cryptocurrency exchange (DEX), today announced…

CME Group’s BTC Options on Futures are Now Live – Will Bitcoin Price React?

In September 2019, CME Group announced that it would launch BTC options on futures…

Brave Browser Is Bringing Equality Through The Use Of Cryptocurrency

Photo Credit To Connection Japan Via Flickr The browser industry is currently…

The Use of Bitcoin On The Darknet Rose 65% in Q1 2020, BTC Mixers Also Seeing Growth

A report published on May 19 by Crypto Blockchain revealed that the use of…
visionary financial interviews tezos

Visionary Financial Interviews Tezos Foundation At Genesis DevCon: Talks Blockchain & Decentralized Applications

Besides interacting with Matic, Visionary Financials had a chance to interact with…

Far Right UK Party Argues Cryptocurrency Regulation Is Too Limited To Effectively Scale

Photo Credit To BeatingBetting.co.uk Via Flickr A far-right UK party recently published…

Taiwan’s Billionaire & Foxconn Founder Bullish on Libra and China’s Digital Currency

Certainly, Libra and China’s digital currency is on top bulletins from quite…

Vanguard’s European Star: The ETF Outperforming U.S. Markets in 2025

The Vanguard FTSE Europe ETF (VGK) has quickly become one of the standout…

The ShareRing Network (SHR) Announces Integration With Fireblocks To Boost Security

The ShareRing Network is a blockchain project that aims to create a…