Sunday, January 29, 2023

Is Craig Wright Satoshi Nakamoto and Why Does It Matter

 


Why I believe Craig Wright (CSW) is Satoshi Nakamoto:

CSW possesses a unique combination of knowledge and expertise in programming, cryptography, game theory, mathematics, economics, law, and philosophy - all key skills necessary to create a decentralized digital currency like Bitcoin.

CSW's background as an autistic individual could explain his ability to solve complex problems like the Byzantine Generals problem, a hard problem in computer science.

CSW was in the right age range and had enough life experience to have a deep understanding of the issues he was trying to solve with Bitcoin.

CSW has publicly claimed to be Satoshi and has provided proof that he is the creator of Bitcoin.

I believe that CSW acted alone in creating Bitcoin and that he released it anonymously to prevent it from being stomped on by authorities and to avoid potential legal and criminal problems.

Does it matter if you believe Craig Wright is Satoshi Nakamoto?

Yes, it matters if you believe Craig Wright is Satoshi Nakamoto because it can affect your investment decisions. If you believe he is Satoshi, you may be inclined to invest in the BSV chain.

Hyper Bitcoinization will happen when a country or more officially launch their CBDC on the BSV blockchain. The BSV blockchain is the only one that can scale to accommodate this. Craig Wright has stated that he aims to take BSV to 10 Million transactions per second this year and work towards an unbounded limit. He has also claimed to be working with some countries on this, without naming them.

When Hyper Bitcoinization happens, everyone in the world will suddenly realize the value of BSV and there will be a mad rush to acquire it. The demand will be so great and the supply so limited that the price can double every hour or less. Very few exchanges list BSV and so most will be traded "in wallet" or over the counter. For the majority of people, it will be basically unavailable. This is why it matters if you believe Craig Wright is Satoshi. If you believe he is, you would have acted before Hyper Bitcoinization and it will change your life.

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