Craig Wright Claims Satoshi Nakamoto Name Was Inspired By Adam Smith
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Craig Wright Claims Satoshi Nakamoto Name Was Inspired By Adam Smith

December 23, 2019      Prashant Jha

Craig Wright, the self-proclaimed Satoshi Nakamoto who haven’t been able to provide a single shard of evidence to back his claims, and the ones which he did provide turned out to be false. He has now come out with another document claiming he has proof for the origin of the name Satoshi Nakamoto. In an interview earlier this week, Wright showed a document to the interviewer claiming it to be the proof which suggests why did he choose Satoshi Nakamoto as the pseudo-anonymous name in the Bitcoin White Paper.

The so-called proof was an article from academic journals JSTOR allegedly dated January 5, 2008,  which talks about a person from 18th century living in Japan and named Tominaga Nakamoto. The article mentioned that “Nakamoto is the Japanese Adam Smith. Honest Ledger + Micro Cash. Satoshi is Intelligent History. Not too hard.”

Source: Modern Consensus.

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Adam Smith is considered as the father of modern economics, and Craig Wright claimed that was one of the main reasons for selecting the name, Nakamoto. He went on to explain that Nakamoto’s economic ideas on honest money were one of the main reasons for choosing his name for the White Paper. He explained,

“In part, yes. He wrote about money and honest money and the rational nature of things. The shogun [feudal ruler] at the time was in financial crisis and economic austerity. […] I like the description of him, and I got into his brother, Tōka. ‘Nakamoto was upright and quiet but impatient in character’ and I thought: ‘That sounds like me.’”

Craig Wright’s History of Fabricating Documents and Kleiman Estate Case

Craig Wright has a history of fabricating documents and even lying under oath, which has put a lot of question marks on his credibility. In the past, he has tried passing another paper he claimed as proof for his identity as Satoshi, which later turned out to have tampered. He is currently involved in a lawsuit filed by Kleiman estate accusing Wright of stealing billions worth of Bitcoin from Dave Kleiman. Kleiman was a cyber-security expert who is believed to be among the very first set of Bitcoin developers and died in April 2013

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Ira Kleinman brother of Dave Kleiman filed a lawsuit against Craig Wright accusing him of stealing $5 billion worth of Bitcoin. The court found Wright guilty of tampering with evidence and ordered him to turn over half of his Bitcoin holdings and intellectual properties to the Klieman estate.

#Craig Wright #Crypto News #Satoshi Nakamoto
Prashant Jha
Prashant Jha

An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.