Craig Wright Takes Opportunity to Bash Bitcoin (BTC) For Censorship in Light of Binance Delisting BSV

Some people are just sore losers and Craig Wright seems to be the king of them all. Just after Binance delisted Bitcoin SV from its list of assets and many major exchanges are not giving any attention to his pet project anymore, he decided to attack Bitcoin once more.

In case you are not familiar with Wright, it suffices to say that he is one of the major leaders of Bitcoin SV, which forked away from Bitcoin Cash last year, and that he hates Bitcoin Core and Bitcoin Cash (and Ethereum and literally all coins, really), despite claiming that he created it.

That’s right, Wright has claimed to be Satoshi Nakamoto, the creator of Bitcoin, despite not being able to prove or to pass a single day without complaining about how bad BTC is. He even got the nickname “Faketoshi” for his ludicrous claims and has become a sort of a joke between all non-BSV users lately.

In his newest cry for attention, I mean, a new critic of Bitcoin, he posted a blog post called “BTC and Censorship”. He affirmed that BTC was a fraudulent scam and that it wanted to trick investors.

He affirmed that even from the first soft fork onwards, Bitcoin has been “eroded” and that it is prone to censorship because its protocol has been altered. He claimed once more that he created Bitcoin and that only with a very stable protocol the token would be resistant to 51% attacks, which could basically destroy the respectability of the network if they are done.

He also took his time to criticize the Bitcoin’s community decided to accept Pay to Script Hash (P2PSH), which was considered by him as a breach because it could be used in the future to create situations in which invalid transactions would be accepted on the blockchain.

After that, he claimed that BTC is not Bitcoin, another unpopular claim which more than 90% of the crypto community probably disagrees.

Bitcoin SV Is Facing Difficult Times

Wright’s latest rant comes at a time in which BSV is facing difficulties. Binance and Shapeshift have delisted the asset and Kraken has started a pool to whether BSV should be delisted or not. Delisting won with the majority of the votes, mostly because of the toxic nature of the representants of the token.

In fact, Craig Wright is a major liability for Bitcoin SV. The protocol is a valid interpretation of Bitcoin, just like Bitcoin Cash is. If it is good or bad, it’s up to you. However, Wright acts in such a toxic way most of the time attacking everybody in the community that it is hard for anyone to take him seriously and BSV suffers from that.

Bitcoin SV will continue in some exchanges, despite the recent delistings, but we have to wonder how much success the token will achieve with a figure like Wright being its public face.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Gabriel Machado
Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

DEX Leader Raises $11 Million in Series A Funding for Uniswap V3 Following an Explosive Month

A popular and widely used decentralized exchange (DEX) Uniswap has raised $11 million in Series A funding led by Andreessen Horowitz with additional investment...

Dapper Labs Raises $12M with NBA Players from the Brooklyn Nets & Miami Heat Participating

Vancouver-based Dapper Labs has raised $12 million in its latest financing round with additional backing from Coinbase ventures and Distributed Global. Its existing investors...

DeFi App Aave Creates First Credit Delegation Loan to DeversiFi Decentralized Exchange

DeFi lending platform, Aave completes its first-ever ‘credit delegation’ as DeversiFi borrows over $230,000 without posting collateral. The service agreement was signed on...

Bitcoin Futures Trading at a High Premium; Already Hitting $12,000 on CME

Bitcoin has yet again gained momentum, with people expecting for $12k to hit soon. According to analyst Mati Greenspan, for a sustainable rally, a...

Polkadot (DOT) Launches The First Parachain Implementation Testnet, Rococo

Polkadot introduces parachain functionality with Rococo testnet, a Proof of Authority (PoA) network, allowing users to send direct messages to the Relay Chain and...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today