Bitcoin Forum

Craig Wright patents, Canadian fugitives, Gambling, bitcoin.

http://www.reuters.com/investigates/special-report/bitcoin-wright-patents/?utm_source=twitter&utm_medium=Social



SYDNEY/SINGAPORE - The man who last year made global headlines by claiming to be Satoshi Nakamoto, the creator of bitcoin, is working with a fugitive online gambling entrepreneur to file scores of patents relating to the digital currency and its underlying technology, blockchain.

Craig Wright, the Australian computer scientist who made the Satoshi claim, has the backing of Calvin Ayre, a wealthy Canadian entrepreneur, according to people close to Wright and documents reviewed by Reuters. Ayre has been indicted in the United States on charges of running online gambling operations that are illegal in many U.S. states – an accusation he rejects.

Wright’s expertise combined with Ayre’s support make a potentially formidable force in shaping the future of bitcoin and blockchain, the ledger technology that underlies digital currencies. Wright and his associates have lodged more than 70 patent applications in Britain and have plans to file many more, according to documents and emails reviewed by Reuters and sources with knowledge of Wright’s business. The patents range from the storage of medical documents to WiFi security, and reflect Wright's deep knowledge of how bitcoin and blockchain work.

Their total compares with 63 blockchain-related patents filed globally last year and 27 so far this year by multinationals from credit card companies to chipmakers, according to Thomson Innovation.

Neither Wright nor Ayre would comment for this story on their business relationship, details of which are revealed here for the first time, or their goals. But their interest in bitcoin and blockchain highlights two key trends.

First, an increasing number of entrepreneurs believe blockchain, which can circumvent the need for big financial intermediaries, will challenge traditional payment systems. Various banks are investing large sums to explore how blockchain could revolutionise payment systems and cut costs. Bitcoin involves sending payments directly, securely and potentially anonymously between two people's digital wallets, whereas all mainstream transactions, including those using intermediaries like Paypal and credit card lenders, run through banks and usually require named accounts and verification.

Second, blockchain has the potential to defy authorities trying to enforce borders and national regulations – and it already does so in areas such as online gambling. In internet chatrooms some online gamblers say that using bitcoin enables them to disguise their identity and transactions.

The confidentiality conveyed by the currency is one source of its popularity. Bitcoin hit a record high this week, partly because of speculation that the first bitcoin exchange-traded fund is set to receive U.S. regulatory approval. After a sharp rise this year, the cryptocurrency reached more than $1,200 per bitcoin.

Ayre said last year that he saw a “growing convergence” of bitcoin and online gambling, according to the website CalvinAyre.com. Documents reviewed by Reuters show Wright’s links to online gambling go back decades and that bitcoin grew out of code originally developed with gambling in mind. Early bitcoin code, seen by Reuters and analysed by a computer coding consultant with no ties to Wright or any blockchain-related project, contains unimplemented functions related to poker.

Wright’s vision for bitcoin, though, goes much further than gambling, according to his research papers and interview transcripts. It remains unclear whether he is Satoshi Nakamoto or not, and even whether Satoshi is one person or a group of people. But some of the documents, including two folders of computer code for early versions of bitcoin, support Wright’s claims that he was closely involved in the development of the cryptocurrency before it became public in 2009.

Whatever Wright's original role, he has suggested bitcoin could have widespread applications. In a paper from November 2015, also reviewed by Reuters, he wrote: “The bitcoin blockchain can be scaled up to replace all existing payment system networks to become the world's single global economic infrastructure.”

The paper is unpublished, but it gives an insight into the global scope of his plans for the technology. While it's far from clear the two will be successful in their patent applications, bitcoin and patent experts say Wright's project represents the single largest filing of bitcoin-related intellectual property they've seen. "It's certainly bullish," said Justin Hill, a patents expert with law firm Olswang. "With the ambition comes the risk."

"A person close to Wright told Reuters that Wright began working for Bodog in 2010. "

Satsohi - I am leaving for other things... Setting up casinos with Ayre.

Craig may be one of the people who created satoshi. But they're just humans, nothing more. Satoshi is a legend and will exist as long as bitcoin exists.

I think Satoshi Nakamoto is a group formed by Craig Wright, Gavin Andersen, Dorian Nakamoto and at least a couple more of people. But it's my personal opinion.

So what would be the implications of this? I've never quite gotten the patent thing, especially patent trolling. I assumed that if something had been in use by millions for years you couldn't retrospectively apply patents, but that's why I'm asking.

ive tried asking pantopotty but 'we're all just idiots'

he seems unstable, but rather 'in the know'

Hahaha what a joke. Well folks, satoshi is just another crazy that's looking to set up illegal online bitcoin casinos. I call bullshit even though of course everyone knows it's bullshit already.

It's a strange mix.

Satoshi has a million coins locked away but wants to get into online gaming & patent capture.

When were the Satoshi coins supposed to be under escrow until? 2020? Was that the story from CW - Wright, the asian girl, and the wheelchair bound guy who died had them locked in a trust or something?

What a weird and wonderful saga. Like Taleb said, as long as bitcoin remains in the headlines, it''s good.

My thought exactly, why someone with enormous fortune (Satoshi is believed to be the owner of ~1,5% of total bitcoin supply) is working to gain pocket money?
Craig, until proven otherwise, is a crook and shouln't be even allowed to patent anything bitcoin related. IMO he is more a 'patent terrorist' than real inventor.
But well, I can't say no to any form of free advertisement.

Not this shit again. I thought it was put to rest months ago.

C'mon Craig, put up or shut up. Let's see you move some Satoshi coins.

Still can't do it? Didn't think so.

http://i664.photobucket.com/albums/vv10/JimboToronto/NotCraigWright1.jpg

ever noticed that wright has everyone so deep in the no not him thing that he is mostly ignored
filing 70+ patent apps takes resources - he is doing ti faster that banks etc

you are all too interested in making him a fraud that you are not opening your eyes.

a few of us got laid off at hotwire
wright injuncted people

stopped us using our code and starting something in 14

hew is trying to get this to be.
it is what he wants - for you all to ignore him

http://docplayer.net/13104396-Hotwire-preemptive-intelligence-pty-limited-administrators-appointed-acn-164-068-348-the-company-circular-to-creditors.html

wright paid this out.

http://mcgrathnicol-staging.azurewebsites.net/app/uploads/circular-to-creditors-29-April.pdf

large law firms
Clayton Utz partners on this one
Baristers and the like.

Then he walks away from the tax money...
think peope

he invests 15 million to take it back...
he COULD have let it go down
then the IP would go to sale. That is what he fought to stop.

wright had us working on core banking software before he canned it
check out what this shite is really worth... do some checking huh

the administrators give it all zero for the IP
wright lets this stand and pays the ATO a penalty...

the company is paid out and wright is \overseas
close to zero tax

he moves it all offshore - legally - and the gov and others sign off

that is the bait and switch

satoshi or not, he has just moved millions overseas and got away tax free!

Craig Wright strikes me as a person who is trying different ways to make a quick buck overnight. Apparently online Bitcoin gambling is a very lucrative business opportunity he doesn't want to miss out  ;D

craig wright is not satoshi

craig wright fooled the aussie government with a empty trust. by getting it notorised, to (falsely) claim its valued at XX million based on having a list of PUBLIC KEYS (anyone can grab those) (no private key)

now craig wright is patent trolling in a last ditch attempt to add 'assets'(the patents) to his trust to hope he can give that empty trust 'value' to honour the (defrauded) investments with the aussie government and other private deals.

he is doing this just to try to retroactively get value into the trust to hope it allows him to avoid jailtime, that is all

Well, I doubt that he is Satoshi, buy what if this was true.... and he "lost" the private keys or he did not record it... because it was not something

that he thought would have done this well and those coins were just part of his testing. I would be too ashamed to admit that, so I just kept

quite all these years... If you do not have those private keys.... you would have to find other ways of making money.  ::)

i wonder at what point, bitcoin community stops giving any shit about Craig Wright and his shenanigans about satoshi.
the media milking the story is understandable, they don't care about facts. they just want clickbait and releasing the hottest news that gets the most attention. if you read the first article about him claiming to be satoshi, it is carefully worded to avoid anything that can be technically wrong.
and Craig Wright is using this to his own advantage.

If i recall correctly he didnt even say if he lost the keys or anything. As soon as someone asked to provide proper proof he started back peddling and basically threw all the toys out of the pram. In my mind hes definitely not satoshi. Nothing more than a conman.  


IMO satoshi is better left as a legend. There may be a lot of disappointed people if the real satoshi was ever revealed.

The Title : This is not Satoshi Drama,this is Craig Wright just being a dick like he always does.

I literally rolled on the floor when they connected development of bitcoin as a way to enhance online gambling.Is he trying to ban bitcoin now ?

It is click bait story and catchy headline, it will be milked as long as it will be be interesting.
We want to hear a story about 'bitcoin creator' going rogue to work with suspicious gamblers.

I believe that Craig's patent trolling is harmful to the community and should be stopped, it is ridiculous haw patent law works.

There has been a lot of discussion about it but it seems the person that used satoshi account was a single person and not a group of people that does not mean a team of people could not be behind that person but that is what we know.

Banks favor a monopoly over currency transactions, they would probably favor a monopoly of blockchain transactions.

Craig Wright has the same pro centralization mentality they do. It proves he's not Satoshi nor someone who was ever involved with bitcoin in my opinion.

What do others think of this? 

He also fooled Gavin Andressen, which should tell us how much of an idiot he is.

Anyway, stop talking Craig Wright, this guy is a conman, that is all. He is a patent troll, an impersonator, a fraud... among other things. He just wants publicity, he is a delusional narcissist.

Although this is more a wild speculation, what if he is doing all of that to try to make satoshi expose himself? What if he is trying to pretend to be satoshi to try to make satoshi appear and make a mistake? It is said that whoever finds satoshi will win a Pulitzer.

Will this guy ever stop?
He's going to get himself ended up in jail or worst with his antics.
Gambling an bitcoins should not mix to keep it from getting a bad rap like it has nearly been forgotten by the new millenials from silk road drugs. Now this crap?! Really?! :'(

http://imgur.com/a/NPiIs

it has a frikin poker lobby in the origiall code


https://i.imgur.com/7Nsr6Ql.jpg

What do you mean NOT mix - that is what it is for.

I think we have had a lot of this Satoshi drama and now no one is really interested or concerned about who the real Satoshi is.
Does it really matter who Satoshi is and where he is?If we stop giving any importance to it,these false claims will die natural death.

Craig Wright is not satoshi, he may be a part of the developer team but I disagree to say that he is Nakamoto. Craig Wright is focused on profit rather developing bitcoin and providing solutions to the current bitcoin problems.

If he is Satoshi then He should have a big bitcoin stock at his disposal and he does not need to work with a gambler mastermind to get profit. It just shows that he isn't Satoshi Nakamoto

does not need to work with a gambler?

Are you daft or just head in the sand

bitcoin hasd a poker lobby - early code

that means he was doing it for poker. how hard is that for you to open yourt closed mind and see

<turns away, covers ears...>

Nah nah nah, not gonin to hear

satoshi is a saint and is my god

no no no will not hear.

bitcoin is perfect so is satoshi he would never do it for profit

- this is what you all sound like

the frikin code is there and the lobby was there

ignore it but it is still there

samoto - you are a frikin loser

As long as Satoshi 1 mln coins are not moving , Craig Wright is not Satoshi. Until the coins move everyone should not take his words seriously cause it's not the first time he talked bullshit.

Satoshi didn't give a damn about poker and even if it was in the code in beginning maybe it was just for fun. A person with intelligence of the caliber of Satoshi surely has no time for gambling.

I don't know why people are keep on pushing this thing up that Satoshi Nakamoto is Craig Wright. Satoshi Nakamoto is hiding his identity for his own personal reason and we don't know what is that reason, so, I think it would be good if we are going to let Satoshi Nakamoto to stay out of our sight since we are still earning bitcoins even though we don't know who he really is.

I know that we wanted to know who is the real Satoshi Nakamoto for our own reasons, but it is hard to find someone who don't want to be found. Let's just give what Satoshi Nakamoto wants, which is he doesn't want too much attention maybe.

irvin ficsher
economist
was into casinos and poker

Nash
poker and casinos

f u

even harder to find a person who has made you all think he is a fraud.

wrights degrees are real - he used 2 or three ids at the uni and nobody chooses to look

he played you all.

that non-existant degree is published on the library!

And you all still think it a lie


the lie is that he BSd you into thinking him a fraud


urgh

They dont think you dumb cow. still helpping wright huh
let me guiess... uyen or one of wright's other sock pupets.

worng on who I am.

wright doesd noot want to hav you believe - and ms ut there and her again sock pupet is again helping him.

So, you are still playing with him huh. Give him time he will fuk you over too.

wright IS Satoshi. It is not a fukin robot. What BS.
So Ms UT, did you get anything or why are you helping wright still.

Why help him hide the truth and make stories about faked degrees (which are real)
http://researchoutput.csu.edu.au/R/KMMVJ54MH82CBQ5G1EYK89GIUR35IRD58QY7N6RK31TDLDXQKX-01777?func=collections-result&collection_id=1340

One of his fake degrees.
Newcastle has some
Northumbria another...
etc....

why make people think you are a fdake unless you are wantting to hide

not hartd

and what are wrights lies?

each one has fact to support it but wright makes the wired ppl look foolish and they run.

He wants to hide.

his degrees are real and he hid them
the computer is real and sgi wanted to hide gambling ties

he does not sign and you all drop it and make him a fraud as he wants.

each of these things is proved.

What is the lie that wright told that means he is not satoshi?
he has played you all and beaten you and his sock pupets just aid in this.

I think this satoshi drama is being created unnecessarily  only to get the attention. The fact is that it really does not matter who the satoshi is .
Bitcoin does not need the revealation of satashi to remain alive  ;D

I don't think he has anything good for the Bitcoin community. He just thinks about his own lime light in the drama from the beginning. There are many people here wants to know who Satoshi is, but it's upto him to reveal himself or stay behind the curtain.
Craig is portraying Bitcoin as a way to all the negative things that's not good.  :(

In a way it is irrelevant since the identity of satoshi does not change anything at all about bitcoin or anything that could happen, but at the same time the question still looms over our heads, who is satoshi nakamoto? Why he hides? Why he did what he did? We all love a good mystery.

There's a special place in hell reserved for Patent trolls (it's decorated entirely with "art" from IP trolls).