Probable Bitcoin Creator files for Copyright of the Satoshi White Paper and Bitcoin Code

A man with the name Craig Wright has filed registrations with the U.S. Copyright Office in order to support his claims of being the brains behind the original Bitcoin code and the Satoshi white paper. Registration filed for copyright does not necessarily mean ownership of content filed and is not an official patent. Anyone can register anything for other adjoining actions like lawsuits associated with ownership. The Satoshi Nakomoto (alleged person or persons that created bitcoin) document about bitcoin was published publicly in anonymity so literally, anyone could be behind and lay right to claims such as this. Another can suffice tomorrow with claims of being a co-founder or something else.  Computer codes and white papers like this can be copyrighted; so long as they are literary works. The copyright office expressly states: “In general, registration is voluntary. Copyright exists from the moment the work is created. You will have to register, however, if you wish to bring a lawsuit for infringement of a U.S. work.”

The registrations filed by Wright have been seen to be channeled specifically at “Bitcoin: A Peer-to-Peer Electronic Cash System” and “Bitcoin,” this is the original 2009 code released on 2009 by the anonymous person or group of persons.

CoinDesk states revealed from press release content that:

“In the future, Wright intends to assign the copyright registrations to Bitcoin Association to hold for the benefit of the Bitcoin ecosystem. Bitcoin Association is a global industry organization for Bitcoin businesses. It supports BSV and owns the Bitcoin SV client software.”

Founding President Jimmy Nguyen commented in the release:

“We are thrilled to see Craig Wright recognized as an author of the landmark Bitcoin white paper and early code. Better than anyone else, Craig understands that Bitcoin was created be a massively scaled blockchain to power the world’s electronic cash for billions of people to use, and be the global data ledger for the biggest enterprise applications. We look forward to working with Craig and others to ensure his original vision is recognized as Bitcoin and is realized through BSV.”

The executive director at an advocacy group Jerry Brito, tweeted from his account in line with the matter at hand:

“Registering a copyright is just filing a form. The Copyright Office does not investigate the validity of the claim; they just register it. Unfortunately, there is no official way to challenge a registration. If there are competing claims, the Office will just register all of them.”

“People register things for a reason. They want to exploit it and they want the credit for it,” said David H. Faux, Esq., an intellectual property attorney in New York City. “Someone dishonest would register the Bitcoin white paper to put it on his website and get speaking engagements. But at some point, it would catch up with him.”

Information from Wright himself:

“BTC is not bitcoin. Bitcoin is set in stone and does not change. Where there is a protocol change, there is developer control which is the exact opposite of what bitcoin is about. BTC is passing off as Bitcoin. It is an airdrop copy that has been designed to slowly alter the protocol allowing the system to be anonymized to such an extent that criminal activity can happen. The goal is to create a system that allows people to commit crimes, extort money, and have automated ransomware and worse. This is not the goal of Bitcoin.”

There will definitely be some rattling surrounding this development but it’s been a long time coming. Opinions seem to be equally leaning towards Wrights claim being false or out of place and also towards advocating for his claims. But It could have been anyone else stepping up to the plate, it could be the real creator who has actually filed registration but it is left to the court to do its part to decipher wisely.

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Credits- John Biggs

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