Bitcoin 2 mins

Vitalik Buterin Asks Craig Wright to “Stop Being a Fraud”

Avatar newsbtc 2 years ago

Craig Wright has almost become a cult figure in the world of Bitcoin. That is not necessarily for the right reasons, though. He continues to claim he is the one and only creator of Bitcoin known as Satoshi Nakamoto. Vitalik Buterin recently asked Wright to “stop being a fraud”. An interesting discussion that will certainly cause some debate among cryptocurrency enthusiasts.

No one knows for sure who the real Satoshi Nakamoto is these days. That is only normal, as this person or group purposefully hid their identity from the public. Over the years, there have been multiple allegations as to who may be behind this pseudonym. One of the more vocal individuals is Craig Wright. Despite his absurd claims, he never succeeded in confirming being Satoshi Nakamoto or not. In fact, he bailed out on providing evidence during a critical time.

Vitalik Buterin Is’t a fan of Craig Wright

All of this has certainly tarnished Wright’s reputation. Moreover, his company keeps filing Bitcoin-related patents, which causes additional friction. To top it all off, Craig Wright continues to claim he is the only Bitcoin creator. This is getting on a lot of people’s nerves, for obvious reasons. Even Vitalik Buterin is seemingly getting tired of these shenanigans. He even went as far as calling Wright a “fraud”, which is some rather harsh language.

While it is true Wright has no evidence to prove he is Satoshi, calling him a fraud may not be entirely correct either. It is true Craig has become a very controversial figure in the cryptocurrency world. Very few people believe anything he says these days, although there is still a loyal following. Riding the coattails of Bitcoin’s success is not something people would have expected from such a renowned individual. Then again, that is exactly what he has done for over two years now.

It is good to see Vitalik Buterin weigh in on this debacle. While a lot of people won’t necessarily agree with him, the words have some truth to them. Buterin states how Wright is a “net harm to the wider cryptocurrency community”. While that remains to be seen, there are certainly others who feel the same. Discussions like these are always interesting to keep an eye on.

Header image courtesy of Shutterstock

Tags: BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?

Instant Crypto Credit Lines™ from only 5.9% APR - unlock your crypto-wealth tax-efficiently, without selling it. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.

Show comments