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Tuesday, May 3, 2016

Australian entrepreneur Craig Wright identifies himself as Bitcoin founder

 

Australian entrepreneur Craig Wright(45) identified himself as the creator of Digital Cash System Bitcoin, ending years of speculation behind the identity of the Crypto Currency founder.


Craig Wright has revealed his identity to three media organisations - the BBC, the Economist and GQ.

Craig Wright identified himself as Satoshi Nakamato, the pseudonym he says he created when launching the currency in 2009.

Craig Wright had earlier refused to comment when these three media outlets unveiled his identity in December.
But then today Wright came forward and provided proof of his true identity as the founder of Bitcoin.

In a statement, Craig Wright said he is identifying himself because: "I care so passionately about my work, and also to dispel any negative myths and fears about bitcoin."

"I cannot allow the misinformation that has been spread to impact the future of bitcoin and the blockchain."

Note

Bitcoin has emerged as a dominant cryptocurrency, which allows consumers to make electronic transactions without commercial banks as intermediaries. However, no central bank has backed Bitcoin.

One Bitcoin is currently worth around USD 449.

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