The Rising “Extremism” In Crypto, Is Craig Wright the Most Disliked Person in Crypto?

By Nilesh Maurya
Published November 15, 2018 Updated November 15, 2018
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The Rising “Extremism” In Crypto, Is Craig Wright the Most Disliked Person in Crypto?

By Nilesh Maurya
Published November 15, 2018 Updated November 15, 2018

Craig Wright is not the most likable person in the crypto universe ever since he had “falsely claimed” to be Satoshi Nakamoto. The controversy surrounding him has continued to grow as has been found regularly bantering against some prominent names in the cryptocurrency world. And the latest drama of BCH fork has just aggravated things as a lot of prominent guys passed negative comments on him.

Is Craig Wright actually a villain in the crypto world?

Craig Wright is not in a very sweet spot right now. He has been receiving criticism from all corners and from a lot of prominent personalities of the crypto world are attacking him for his claims and threats that he has been issuing with respect to the latest BCH hard fork. The very recent threat, where he took the crypto world for ransom by threatening to send Bitcoin price down to $1000 as BCH prepares to split.

Tweeting ahead of the split of the Bitcoin Cash protocol which itself is a fork of the ‘core’ Bitcoin blockchain from August of 2017 Wright warned Bitcoin miners that, if they show support for the Roger Ver/Jihan Wu (Bitmain)-backed Bitcoin Cash ABC (BCH) over his Bitcoin Satoshi’s Vision (BSV) project, he would be looking to fund his side of any ensuing ‘hash war’ battle by selling off bitcoins and bringing the price to USD 1000.

This statement has gathered a lot of criticism.  Joseph Young, the known journalist has gone on to say that “Craig Steven Wright was a villain and now he’s just cancerous. He’s affecting both Bitcoin and Bitcoin Cash in a negative way, starting a hash war”

Craig had, some days back, threatened Roger Ver with disrupting cryptocurrency trade worldwide in retaliation for the forthcoming Bitcoin Cash hardfork. This is how Craig Wright reacted to Ver’s statements of support for the hard fork announced by BitcoinABC:

“If you want war… I will do 2 years of no trade. Nothing. In the war, no coin can trade. If you want ABC, you want shitcoins, welcome to bankruptcy <…> I will see BCH trade at 0 for a few years <…> Side with ABC, you hate bitcoin, you are my enemy. You have <…> no idea what that means. You will. I AM Satoshi <…> Your choice.”

He had also received some negative comments from Vitalik Buterin when Tim Copeland shared a news on Craig comments on the Fork, and mentioned that “Vitalik Buterin believes Craig Wright should not have a voice”

to which Vitalik replied “Craig Wright absolutely should have a voice. But so, do all of us.

In August, Vitalik had asked BCH community to not to follow Craig Wright.

Whether right or wrong, Craig Wright is definitely losing some face here but getting into a battle with everyone in the industry. Let’s see how does he react once the fork goes underway.

Is Craig Wright really a villain or is it that others have ganged up against him? Do let us know your views on the same.

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Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Nilesh Maurya
689 Articles
Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Follow him on Twitter at @KoinKing1 or connect with me on linkedin.

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