Bitcoin’s Aussie ‘founder’ on why the crypto pretenders will go bust

In the pantheon of well-known Australians who have made Britain their home – Cate Blanchett, Nick Cave, Germaine Greer, Lynton Crosby, Lex Greensill and so on – the nameBut his claimed alter ego might sound the chime: Satoshi Nakamoto. Anyone who knocks around tech or cryptocurrencies will have heard of the mysterious, anonymous author of theCraig Wright is king of the sceptics when it comes to cryptocurrencies.

From his position as chief scientist at the blockchain company he founded, NChain, he has taken on Cobra, which plays a key role in maintaining BTC through its bitcoin.org website. And he’s now also suing crypto exchanges Coinbase and Kraken. Waiting for him in the restaurant, I’m on the lookout for a classic tech guy: beard, T-shirt, jeans. Instead, a clean-shaven man in a pinstriped three-piece suit walks up to the table. “I like being different,” he says, when I remark on it.

However he does it, he seems far better qualified than me to order a bottle of wine, so I leave him to it. Which, I later discover, turns out to be a mixed blessing.There is no way of knowing whether Wright is Nakamoto, so I’ve decided not to go down that rabbit hole. Even if he isn’t, the huge effort he is putting into this claim is enough to make it worth unpicking what the agenda is here.

He says bitcoin should have only the one immutable protocol, and he, as Nakamoto, is contractually bound to offer that.This is why he can argue that his effort to stop other people infringing his claimed patent and database rights is not a bid for control. He is obliged to keep things as they are. Wright’s other big gripe about BTC is that it works via nodes rather than peer-to-peer, which he says prevents it from scaling up and becoming a cash-like medium of exchange.

My worry about this lunch was that it would inevitably be railroaded into a conversation about the technicalities of Wright’s bitcoin battle. I’m quite struck by this. Wesleyans place unyielding import on the original scripture, and can be highly evangelical. The parallels with Wright’s messianic bitcoin mission are hard to miss.

he has made nothing but friend with his tech if you need big data solution that only his tech can offer. You are talking Crypto only which is all scammers so of course they don't like his law and order message.

Satoshi Nakamoto, obviously

Vitalik Buterin thinks he's a fraud. That'll do for me.

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