By CCN Markets: Self-proclaimed bitcoin inventor Craig Wright had his fondest wish come true when the capital city of Colombia formally recognized him as Satoshi Nakamoto. Bogota Grants Craig Wright's 'Satoshi' Wish Officials in Bogota presented Wright with a fancy certificate affirming him as the…
By CCN Markets: Self-proclaimed bitcoin inventor Craig Wright had his fondest wish come true when the capital city of Colombia formally recognized him as Satoshi Nakamoto.
Officials in Bogota presented Wright with a fancy certificate affirming him as the creator of bitcoin. The events unfolded at the 2019 Expo-Bitcoin International in Bogota, a week-long crypto conference.
Wright, the chief scientist at nChain, and Jimmy Nguyen, nChain’s CEO, both attended the conference, where they discussed how Latin Americans could use cryptocurrencies to improve their economies. Notably, Wright discussed “bitcoin and the law.”
Nguyen shared Twitter photos of Wright showing off the certificate that proclaimed him bitcoin inventor Satoshi Nakamoto.
“Muchas gracias, Concejo de Bogota. Thank you Bogota Council for having Craig Wright speak today about Bitcoin and law, and for the nice honor.”
That said, Colombia is a tiny crypto market, and the majority of the international cryptocurrency industry do not accept Wright as Satoshi.
The certificate was signed by Nelly Mosquera, the president of the Council of Bogota, and local councilman Julio Acosta.
The document declares that “Dr. Craig Steven Wright, most commonly known as Satoshi Nakamoto, is world-recognized as the creator of Bitcoin.”
The certificate further claims that Wright has several advanced degrees, including a Ph.D. in computer science and a doctorate in theology.
At the conference, Wright discussed how crypto could be used to create a “global connected economy, where the average person can own property, the poorest and most isolated people can trade their goods anywhere on Earth,” according to CoinGeek, a website run by billionaire Calvin Ayre.
Ayre and Wright are allies who believe that bitcoin (BTC) will “soon disappear” and be supplanted by Bitcoin Cash Satoshi Vision (BSV). Despite claiming that he invented BTC, Wright has distanced himself from it, alleging that bitcoin devolved into a vehicle for criminal activity.
In a blistering manifesto, Wright says cryptocurrency should operate within the law and should not be used for crimes. Wright then torched crypto evangelists who claim that BTC can operate outside the law because it’s decentralized. Wright says they’re deluding themselves and are in for a rude awakening.
Last week, Wright attended a mediation conference in Florida as part of the $10 billion federal lawsuit filed against him by the estate of deceased computer genius Dave Kleiman.
Wright and Kleiman were colleagues who began collaborating on bitcoin in 2008 and allegedly mined 1.1 million bitcoin between 2009 until Kleiman’s death in 2013.
Kleiman’s estate wants half of the massive crypto stash, which is worth more than $10 billion using today’s bitcoin price.
This article was edited by Josiah Wilmoth.
Last modified: January 11, 2020 12:56 AM UTC