Bitcoin White Paper Posted By Craig Wright

Whether you call him a fraud or Satoshi Nakamoto, Craig Wright has taken another step to attempt to prove that he is the inventor of Bitcoin and claim the Satoshi title.

Earlier this week, on 22nd August Wright uploaded the Bitcoin white paper to the SSRN, an academic research journal database.

“I am Satoshi”

When Wright was asked was encouraged him to post the paper today, he told CCN that he has "already publicly admitted I am Satoshi. It is time to own my invention."

On SSRN, Wright posted the white paper dubbed "Bitcoin: A Peer-to-Peer Electronic Cash System." Wright highlighted that he had written the report on 21st August.

Wright said that "people have validated my LLM and found that my 2007 proposal includes parts of the whitepaper."

Wright suggests that his 2007 dissertation proposal for his Master of Laws degree included snippets of the bitcoin white paper that he claims he wrote.

So maybe it shouldn’t come as much of a surprise that Wright posted the paper just a few days after another man claimed that HE was Satoshi himself. A Pakistani national called Bilal Khalid made the bold claim that he was, in fact, Satoshi but his story just didn’t add up and so in typical fashion, the crypto industry mocked him away into shadows once more.

In arguing his case, Wright says that keys don’t prove anything in regards to him bein Nakamoto. This is aimed at people who say that he is lying because he doesn't have all the requisite keys to prove his claims.

He said, "keys are not law. They don’t prove ownership of property rights, which never was the intention of bitcoin."

"The concept that is counted consistently of 'no keys, not your bitcoin' is meaningless drivel. Very soon, you’re going to see just how foolish this idea is."

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!