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Coin Center's Brito skeptical about Bitcoin creator claims

Monday, May 02, 2016 - 03:39

Jerry Brito, Executive Director of the non-profit Coin Center talks with Reuters' Bobbi Rebell about Craig Wright the Australian tech entrepreneur who says he is the creator of Bitcoin.

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And SL and tech entrepreneur it's claiming to be V founder of the controversial digital digital currency bitcoin. Now at that time sheet not come out so here is nor'easter freedom he is executive director of the nonprofit research center points under great to have you here to him. OK so his name is Craig right. Doing exactly what's going on. Well in December of last year there are couple of good news outlets that. Had an exclusive story revealing that this sort of unknown until then. Tech entrepreneur Australia was a tuition Comodo decent anonymous creator frequent. And that shortly after that was published as to. You know the crew crowd began to tear through the evidence they found that in fact but what holes and the story and it is very likely that dispersants nodded and drew was discredited. But now want to hold a few months later her right emergence has seemingly hired a PR agency. And has and have they record and release of information to show that he is to assure you that many people are skeptical. Indeed because it's been the number one way that you know somebody who really isn't where she would prove it would be to show cryptography for. I'm sister speak into. That the coin system that he claims to have created. There it's complicated. To put it simply he has if you sit cushy situation has access to a certain number of keys that can be used to sign a message. Publish it to world and that would be cryptographic proof. That anybody could use to verify he has not made that cryptography proof available to the world to check. Why so much attention to this what does that say it ends up finding the creator of that coin. The really is very little significance to finding who is a creator relieved now that we're talking about it we're talking about it there's there's no. Affected this will have on the digital currency on its continued development or use but do you think he can't deny that uses. Public interest. Because you know very Smart people from Bill Gates to market Dreessen. Have said that coin is you revolutionary technology revolution areas it and so when you have somebody who created this but has stayed. Private about it this I think I'm stance of public interest things like turtles once I find witnesses. If he is not the creator why would he be coming out and saying he it is. At the post like he's delivered a group that some people say is valid that today. Insurance is why I'm not. Ready to completely dismiss that out right there are some folks who for example I respect. Who say that they have met with and he has shown them privately cryptographic proof that he is atrocious. The problem is again these are making this proof. Public. And also the proof that you're showing to me is just some proof for you once a lot more why he's doing us. If he's not officially I have no idea. Where do we stand with their coin now it sort of went to its peak already it seems and and now it. Where I was gonna be quite an official currency in general floated along it will it ever be truly mainstream. So the point is doing just. Just very well if you look at transaction volume if you look at number. My money on a network investment in the space. All of that old strategy moving up into the right. That said it's not been mainstream certainly not in the western world. But that's because we have really what we're really good financial systems analyst world in the developing world I think you're seeing more uptake of the technology as a payment system. In the developed world in the western world. What you're seeing is use the technology for non financial uses were for uses that you use technology to transfer assets not necessarily as digital cards. Thank you so much we'll keep an eye and the situation room and time. I think hit Jerry breeder he's executive director of the equine center and bother about this is Reuters.

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Coin Center's Brito skeptical about Bitcoin creator claims

Monday, May 02, 2016 - 03:39