The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

‘BTC Is Not Bitcoin’ Says Craig Wright Amid Crypto Copyright Kerfuffle

by Daily Hodl Staff
May 23, 2019
in Bitcoin

[the_ad id=”36860″]

Craig Wright, the self-proclaimed creator of Bitcoin, wants to stop the crypto community from referring to BTC as Bitcoin, according to his legal representation.

The Australian computer scientist has filed copyright claims to prove his authorship of the seminal Bitcoin white paper entitled, “Bitcoin: A Peer-to-Peer Electronic Cash System”, penned by the pseudonymous Satoshi Nakamoto in 2008. Wright says he invented Bitcoin while operating under the name Nakamoto.

Now he wants to take it a step further. According to Wright’s lawyer, he plans to prevent the crypto community from referring to the original token as Bitcoin because he believes it doesn’t embody the qualities described in Nakamoto’s [his] white paper.

According to an email Wright sent Bloomberg,

“BTC is not Bitcoin. BTC is passing off as Bitcoin. It is an air drop 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, have automated ransomware and worse. This is not the goal of Bitcoin.”

[the_ad id=”36860″]

Wright says he is now recognized by the U.S. Copyright Office as the official author of Bitcoin because of the recent filings.

According to a press release published on CoinGeek, owned by Wright supporter Calvin Ayre,

“Wright is now legally establishing that he is Bitcoin’s creator after being dismayed to see his original Bitcoin design bastardized by protocol developer groups – first by Bitcoin Core [BTC] in 2017 and then again by Bitcoin Cash [BCH] developers in 2018. Those non-Satoshi protocol changes were made by developers who disagreed about whether or how the blockchain should massively scale.”

While policy experts have pointed out that copyright registration doesn’t rely on strict due diligence, some intellectual property experts, however, speculate that Wright might use his new copyright registration to go after the Bitcoin forks.

[the_ad id=”36860″]

The U.S. Copyright Office, however, has issued a statement regarding Wright’s registrations, clarifying that Wright – and not the U.S. Copyright Office – has confirmed that Wright is Satoshi.

“A registration represents a claim to an interest in a work protected by copyright law, not a determination of the truth of the claims therein. It is possible for multiple, adverse claims to be registered at the Copyright Office.”

“In the case of the two registrations issued to Mr. Wright, during the examination process, the Office took note of the well-known pseudonym ‘Satoshi Nakamoto,’ and asked the applicant to confirm that Craig Steven Wright was the author and claimant of the works being registered. Mr. Wright made that confirmation. This correspondence is part of the public registration record.”

Alex Mejias, a tech start-up attorney who specializes in intellectual property issues, said in an interview with Crypto Wendy this week that though Wright’s copyright registrations might just be a ploy to inflate the price of his coin, Bitcoin SV, they could also see be “a precursor to some type of legal action.”

“One of the rights you receive when you have a copyright is the right to create what’s called a derivative work, and I think you can make a good argument that a fork is a derivative work.”

“I don’t know how that works, but yeah it’s possible he may go after one of the forks.”

[the_ad id=”36860″]

“Being dragged into court for something like copyright infringement or defamation or libel is no fun, but whether or not he will prevail in those actions is a different story.”

“But I think so far what we’ve seen is someone very willing to make people’s lives miserable through litigation.”

In April, Wright sued podcaster Peter McCormack and Ethereum founder Vitalik Buterin for libel for publicly disputing his claim that he is Satoshi.

[the_ad id="42537"] [the_ad id="42536"]
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Dregan AI Sets a New Standard for Meme Tokens With AI-Powered Utility
    December 8, 2025
  • SemiLiquid Unveils Programmable Credit Protocol, Built with Avalanche, Advancing Institutional Credit on Tokenised Collateral
    December 8, 2025
  • Veles Introduces Enhanced Version of Its Cryptocurrency Backtesting Tools
    December 8, 2025
  • Sonami Launches First Layer 2 Token on Solana to Ensure Transaction Efficiency and End Congestion Spikes
    December 8, 2025
  • BC.GAME’s “Stay Untamed” Breakpoint Eve party tops 1,200 sign-ups, with DubVision and Mari Ferrari headlining
    December 7, 2025
  • Hotstuff Labs launches Hotstuff, a DeFi native Layer 1 connecting On-Chain Trading with Global Fiat Rails
    December 5, 2025
  • LayerBank Secures $2.3M in Pre-Seed Funding Ahead of ULAB Token Launch on Movement Network
    December 5, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$91,489.51
$91,489.51
2.96%
Ethereum
$3,150.57
$3,150.57
4.08%
BNB
$911.29
$911.29
2.93%
Solana
$138.77
$138.77
5.59%
XRP
$2.10
$2.10
3.44%

Spotlight

  • $426,000,000 in Bitcoin and Crypto Liquidated As BTC Drops To $87,000
    December 1, 2025
  • Fraudster Drains $1,128,233 From US Government After Faking Company Losses: Department of Justice
    December 1, 2025
  • House Republicans Release 53-Page Report Accusing Biden Administration Regulators of Pressuring Banks to Avoid Crypto
    December 1, 2025
  • Ohio Man Escapes With $13,000 After Stuffing Bank Account With Fraudulent Wire Transfer: Report
    December 2, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl