Reply to: Bitcoin Hoaxer Fools BBC

[AtW]

Other way around. He claimed to have invested a load of money in some kind of R&D, funded by bitcoins.

Yes, that WAS IN THE PAST, and now by admitting he owns lots of mined "coins"...

[NickFitz]

His lawyer told him that if he is "Satoshi" then a lot of tax will be due on "mined" "coins"

Other way around. He claimed to have invested a load of money in some kind of R&D, funded by bitcoins. The Australian government gives tax incentives to corporations for R&D, and as a result his company received many millions of AUD. Then the company that supposedly supplied the supercomputer on which the R&D had been carried out said it had never sold him one, and the Australian tax folk started investigating him for fraud.

So now he has to try and convince the Australian authorities that he really did have lots of bitcoins at the time and actually did the R&D in question, using those bitcoins (which he says he no longer controls, having put them in a trust abroad) to fund it. Otherwise, he's on the hook for fraudulently claiming the R&D allowance, among other things.

More: https://www.reddit.com/r/Bitcoin/com..._craig/cxuo6ac

[AtW]

His lawyer told him that if he is "Satoshi" then a lot of tax will be due on "mined" "coins"

[NickFitz]

He's bottled it: Bitcoin 'creator' backs out of Satoshi coin move 'proof' - BBC News

[BrilloPad]

Central banks conspire to harvest Bitcoin's revolutionary technology

[NickFitz]

The Economist, having been one of the recipients of the supposed proofs, remains rather dubious: Craig Steven Wright claims to be Satoshi Nakamoto. Is he? | The Economist

Upgrade that to "backing down hastily": Craig Wright's claims to be Satoshi Nakamoto come under fire | The Economist

[greenlake]

[AtW]

1. Why does it matter?
2. What difference does it make which of the claimants is the inventor?
3. Why on Earth is it worthy of front page news?

Slow news day, the choice was between him and your sockie jihad on CUK, you lost...

[TykeMerc]

1. Why does it matter?
2. What difference does it make which of the claimants is the inventor?
3. Why on Earth is it worthy of front page news?

[BrilloPad]

I thought it was DimPrawn?

[AtW]

That's him all right, the only reason it's not Official is because I did not say so, but for 50000 bitcoins ...

[NickFitz]

The Economist, having been one of the recipients of the supposed proofs, remains rather dubious: Craig Steven Wright claims to be Satoshi Nakamoto. Is he? | The Economist

[TheFaQQer]

I thought Nick Szabo was the more likely candidate, but it's always going to be a heated discussion.

Gavin Andresen seems convinced though.

[NickFitz]

If he can digitally sign things as Satoshi, then that's a fairly good start to the process.

Many people are arguing that he did not, in fact, do so: at least one part of the supposed evidence has been found to have been copied from an early Bitcoin transaction, and the supposed demonstration could easily have been spoofed with a couple of trivial bash scripts.

Bickering a-plenty at http://www.reddit.com/r/bitcoin

[TheFaQQer]

If he can digitally sign things as Satoshi, then that's a fairly good start to the process.