Bitcoin creator revealed to be (probably) this dude in Sydney

Today's instalment: Craig Wright tried to buy $85m of gold using Bitcoin :/

Bitcoin mystery: Sydney 'founder' sold $85m in currency for gold

The Sydney businessman outed as the possible creator of Bitcoin paid almost $85 million worth of the digital currency to a controversial business figure to buy gold in an -attempt to build his business, -according to a Federal Court claim.

Craig Wright was last week named by prominent IT magazines Wired and Gizmodo as being the possible creator of the online currency Bitcoin and therefore potentially worth hundreds of millions of dollars.

In the latest twist to the global cyptocurrency mystery, The Australian can reveal Mr Wright allegedly made a deal with controversial business figure Mark Ferrier in 2013 to buy gold and software with tens of millions of dollars worth of Bitcoin.

At that time, in May 2013, Mr Wright claimed he could draw on one "Bitcoin wallet" worth at least $100m, demonstrating huge holdings in the e-currency.

After the -alleged deal between the two went sour, Mr Wright -attempted to sue Mr Ferrier for $84.25m in the Federal Court in Sydney.
 
Perhaps he isn't the creator, but damn he has that many BTCs in one wallet? Talk about baller...
 
JulieW said:
So he's really smart then?

looks that way, he also owns the biggest supercomputer in private hands and is probably using it to mine bitcoin.
 
Australians hold 15% of all bitcoins, he is probably a fair chunk of it. stupid keeping it in one big wallet though. I would be spreading that shit out across 100's
 
Golightly said:
Australians hold 15% of all bitcoins, he is probably a fair chunk of it. stupid keeping it in one big wallet though. I would be spreading that shit out across 100's

He said one wallet, not one address. The bitcoins are most likely distributed across several addresses.
It's assumed that most of his bitcoins have been acquired by mining at the birth of the blockchain and, apparently, those initial addresses have been used to transfer only peanuts so far.
 
JulieW said:
dozerz said:
JulieW said:
So he's really smart then?

looks that way, he also owns the biggest supercomputer in private hands and is probably using it to mine bitcoin.

I meant for swapping bitcoin for gold!
;)

considering the price of bitcoin vs gold i would say not.

appears he was trying to re-enact some kind of gold standard for a bitcoin bank.
 
Anyone got an update on this guy?

If Satoshi has been unmasked then perhaps his involvement might be the best chance of resolving the civil war raging amongst the Bitcoin development teams?
 
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