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Craig Wright faces tough questions over forged documents in court

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Re: Craig Wright faces tough questions over forged documents in court

#2
The whole story seems so bizarre. As far as I understand it, some kind of fraudster got caught up in a bunch of his own lies, of which being the inventor of Bitcoin happened to be one. We're only reading about it because "Bitcoin" happens to be a frothy buzzword that gets the clicks. Otherwise this would just be some local news case about a wacky person saying the darndest things.

It's funny how we decide what's news.

Re: Craig Wright faces tough questions over forged documents in court

#3
post #2

The whole story seems so bizarre. As far as I understand it, some kind of fraudster got caught up in a bunch of his own lies, of which being the inventor of Bitcoin happened to be one. We're only reading about it because "Bitcoin" happens to be a frothy buzzword that gets the clicks. Otherwise this would just be some local news case about a wacky person saying the darndest things. It's funny how we decide what's news…

There is a multi-billion dollar asset known as Bitcoin SV that is valued highly on the belief Craig Wright invented bitcoin. He is not just a local crank.

Re: Craig Wright faces tough questions over forged documents in court

#4
The amazing things is that this guy -- an obvious fraud and conman -- has been invited to numerous high-level Bitcoin/Blockchain conferences as a speaker.

It always stuns me how relatively few people are able to spot frauds (although it explains a lot about our current political situation). I'm guessing 40-50% of the population is susceptible to this kind of trickery.

Re: Craig Wright faces tough questions over forged documents in court

#5
post #3
post #2

The whole story seems so bizarre. As far as I understand it, some kind of fraudster got caught up in a bunch of his own lies, of which being the inventor of Bitcoin happened to be one. We're only reading about it because "Bitcoin" happens to be a frothy buzzword that gets the clicks. Otherwise this would just be some local news case about a wacky person saying the darndest things. It's funny how we decide what's news…

There is a multi-billion dollar asset known as Bitcoin SV that is valued highly on the belief Craig Wright invented bitcoin. He is not just a local crank.

> He is not just a local crank.

Agreed, he's gone global.

Re: Craig Wright faces tough questions over forged documents in court

#6
post #3
post #2

The whole story seems so bizarre. As far as I understand it, some kind of fraudster got caught up in a bunch of his own lies, of which being the inventor of Bitcoin happened to be one. We're only reading about it because "Bitcoin" happens to be a frothy buzzword that gets the clicks. Otherwise this would just be some local news case about a wacky person saying the darndest things. It's funny how we decide what's news…

There is a multi-billion dollar asset known as Bitcoin SV that is valued highly on the belief Craig Wright invented bitcoin. He is not just a local crank.

Then it’s valued highly by a lot of extremely gullible people. The first time I heard about Craig Wright was that debacle where he was desperate to prove he was Satoshi, hand-waved his way through a very staged proof and then when called on it he subsequently refused to do an extremely simple proof that would’ve beyond doubt proven what he claimed (lamenting that no one would be happy with it). Everything I’ve read since then has confirmed he’s just a grifter, this article is no different.

Re: Craig Wright faces tough questions over forged documents in court

#7
post #4

The amazing things is that this guy -- an obvious fraud and conman -- has been invited to numerous high-level Bitcoin/Blockchain conferences as a speaker. It always stuns me how relatively few people are able to spot frauds (although it explains a lot about our current political situation). I'm guessing 40-50% of the population is susceptible to this kind of trickery.

It amazes me that a percentage of your percentage does so because to call out liars would be impolite and lead to discomfort.

Re: Craig Wright faces tough questions over forged documents in court

#8
post #2

The whole story seems so bizarre. As far as I understand it, some kind of fraudster got caught up in a bunch of his own lies, of which being the inventor of Bitcoin happened to be one. We're only reading about it because "Bitcoin" happens to be a frothy buzzword that gets the clicks. Otherwise this would just be some local news case about a wacky person saying the darndest things. It's funny how we decide what's news…

He's not a wacky person who says the darndest things, he's suing other people over their saying he's not Satoshi. As the article states, this case might affect a number of cases he's raised.

He's also made a new cryptocurrency (Bitcoin SV), and may be profiting off of a consultancy he helps run (https://nchain.com/en/).

I don't think he's just some random small fish.

Re: Craig Wright faces tough questions over forged documents in court

#9
post #4

The amazing things is that this guy -- an obvious fraud and conman -- has been invited to numerous high-level Bitcoin/Blockchain conferences as a speaker. It always stuns me how relatively few people are able to spot frauds (although it explains a lot about our current political situation). I'm guessing 40-50% of the population is susceptible to this kind of trickery.

Part of it has been the tribalism of him going against the obvious weasels that ousted the original Bitcoin team to keep the blocksize low, the transaction fees high and get VC funding for their company that they would market by saying it was the 'people that were in charge of bitcoin'

Some of the people who hated those weasels decided that Craig Wright must be great since he says he is against the same people. Instead of everyone rolling their eyes and fighting an OBVIOUS con man interested in VC funding and patents some people thought everyone calling him a con man must be on the 'other side'.

Edit: If you think something is off, use your words. I can back up everything I've said here.

Re: Craig Wright faces tough questions over forged documents in court

#10
post #2

The whole story seems so bizarre. As far as I understand it, some kind of fraudster got caught up in a bunch of his own lies, of which being the inventor of Bitcoin happened to be one. We're only reading about it because "Bitcoin" happens to be a frothy buzzword that gets the clicks. Otherwise this would just be some local news case about a wacky person saying the darndest things. It's funny how we decide what's news…

You’re underestimating the story here. CSW is the creator of Bitcoin SV, which today has a market cap of $3.5 billion. A lot of people stand to lose or gain a lot of money depending on his claims.
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