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Craig Wright is taking legal action to recover $3.5bn of “stolen bitcoin”

Craig-toshi Nakamoto is back. And he means business.
25 de febrero de 2021
por Jemima Kelly

https://www.ft.com/content/56ba5a61-367e-4b10-abc8-4f79bab4144d

The role of the Bitcoin Association
Craig S Wright
2021 03 18
https://ramonquesada.com/bestofcraig/the-role-of-the-bitcoin-association

There seems to be a little bit of confusion about the nature of Bitcoin. Some of this comes from people saying that we should be targeting the miners. This process is not correct, and I'll explain why.

In creating a system, only a few individuals or organisations have any involvement in the issue of a coin or the creation of the database. This is not distributed as people say, it can be a group of people and developers, but it still only that group.

When I created Bitcoin, I was the sole individual, which went into my companies and trusts. Being that I have now tasked the stewardship of the protocol to the Bitcoin association, they are responsible for all changes to the protocol.

The development team at nChain are contracted to the Bitcoin Association. Consequently, the developers do not hold liability for any action and do not need to act. The Bitcoin association needs to retain responsibility in this case.

Next, miners don't set the rules. Miners enforce the rules. This is a significant distinction that I've been trying to get people to follow. The police enforce rules; you don't want police setting rules.

Miners vote on the acceptance of valid rules; they don't decide on the rules. Miners act under a unilateral contract. A unilateral contract can be breached. Every block is offered as a unilateral contract that any party can seek to be paid on. A miner is paid not for setting the rules but for enforcing them. The whitepaper uses the word enforced very specifically. Any needed rules and incentives can be enforced, and this means that the miners are required to follow the rules that the Bitcoin association sets.

As the steward of my protocol, changes that are within the protocol may be implemented. The alert key allowed Bitcoin to be frozen. OP_CODESEPARATOR would have allowed multiple methods for this to be enacted in the first version of Bitcoin. One of the reasons Mike Hearn took this out of Bitcoin and changed other parts of the code was that people thought this was a problem. It isn't a problem. Moreover, Bitcoin is not this decentralised system that is designed to bypass the law.

So, this is the breakdown:

1- The creator and issuer is me.
2- I have assigned stewardship of the protocol to the Bitcoin association.
3- The Bitcoin association distributes Bitcoin to the miners under contract for the enforcement of rules.
4- The miners are contracted to follow the rules of the system.
5- Developers work for the association under contract or otherwise.

There is nothing new here, there is nothing cypherpunk about bitcoin, and that it is not about the decentralisation of political power.

CSW
Feb 4, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1612439877287600?thread_ts=1612439877.287600&cid=C5131HKFX

There is a simple question.

In 12 months to 18 months from now, there will no longer be any mainstream doubts as to my identity and I will fully own my creation. It will be recognised by courts and government and more importantly within the next 12 months I will of patented every aspect of bitcoin that people haven't understood. Not just the things you can build on top of it but SPV, addressing, scaling techniques et cetera.

Of course, this then places nChain in the leadership role. IBM, Amazon, or the large players will need to come to us. There's a simple reason, as one known method of creating a scalable distributed micropayments and tokenisation system that acts within the law to ensure continuation. It's the one I created.

So, the question is who buckles first. Will they act like men and show a willingness to admit their wrongs or will they try and bury it and leave me to bury them...

CSW
Oct 28, 2019
https://metanet-icu.slack.com/archives/C5131HKFX/p1572252439025500?thread_ts=1572252439.025500&cid=C5131HKFX