Craig Wright Got His First Competitor: Wei Liu Registered Bitcoin White Paper Copyright

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by Teuta Franjkovic · 3 min read
Craig Wright Got His First Competitor: Wei Liu Registered Bitcoin White Paper Copyright
Photo: The Blue Diamond Gallery

A second copyright registration for the Bitcoin white paper has appeared on the public catalog of the United States Copyright Office, indicating that a person named Wei Liu is claiming to have originated the work under the pseudonym Satoshi Nakamoto.

Who is Wei Liu? That is probably the question Craig Wright is asking himself every day since second copyright registration for the Bitcoin white paper has appeared on the public catalog of the United States Copyright Office, indicating that a certain Wei Liu is also claiming to have originated the work under the pseudonym Satoshi Nakamoto.

The filing is dated May 24, 2019, while Wright’s is dated April 11, 2019.

However, we found out who Wei Liu is. CEO of Coinsummer, a crypto market research firm, and former CEO of crypto fund MarvelousPeach Capital, is the person who is now the second individual to copyright the famous document.

Coindesk tracked him down in Beijing to get clarity on his attempt to wrest to control or, most likely, comment on Craig S. Wright’s white paper registration.

Everyone Can Be Satoshi Nakamoto

This crypto entrepreneur from China said his goal in registering the document was to point out that copyright is technically meaningless in this context. To be clear, Liu didn’t answer whether or not he is Satoshi Nakamoto when asked. He said:

“I filed it just to let people know anyone can register a copyright. Everyone can be Satoshi Nakamoto.”

Just for reminder, last week, Craig Wright filed registrations with the U.S. Copyright Office supporting his claims of authorship over the original Bitcoin code and the Satoshi white paper. The registrations relate to “Bitcoin: A Peer-to-Peer Electronic Cash System” and “Bitcoin,” meaning the original 2009 code.

In the press release it was said:

“In the future, Wright intends to assign the copyright registrations to Bitcoin Association to hold for the benefit of the Bitcoin ecosystem. Bitcoin Association is a global industry organization for Bitcoin businesses. It supports BSV and owns the Bitcoin SV client software.”

The registration itself does not imply ownership nor it is an official patent. The copyright process allows anyone to register anything in an effort to prepare for something – imagine some lawsuits associated with ownership for example.

Nowadays, obviously, everybody can claim that they are Real Satoshi. Even though it’s evident that Craig Wright is not a Satoshi, there is still a question – who or where is the real Satoshi.

One of the many theories is that the real Satoshi Nakamoto died back in 2013. That would be pretty bad because it is estimated that he owns 980,000 Bitcoins, amassed from mining the cryptocurrency in its early days. Can you imagine him putting it back on the market?

Even though the market is currently at its bear cycle, few days ago, Bitcoin SV, the brainchild of the self-proclaimed Satoshi Craig Wright, went crazy with an 82% price increase. The unprecedented pump, which allowed the coin to take the eighth spot on the CMC top 10, was allegedly triggered by fake news.

What really happened is that masquerading as the Chinese news site Coinbull, the bogus alert claimed that Craig Wright had transferred Bitcoin (BTC) from the so-called Satoshi wallets to prove his identity.

Dovey Wan, a founding partner at crypto VC firm Primitive Ventures, translated the viral fake news that tricked many Chinese investors. It was said:

“CSW transferred 50k BTC from the biggest BTC wallet to Binance, which confirmed he is the real Satoshi. As such CZ will re-list BSV and make an official apology on Twitter.”

While CSW remains determined to prove he is Satoshi, the fact remains that he may never win the battle no matter how hard he tries. And now it seems we have another Satoshi as well.

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