Another day, another Satoshi - Chinese citizen registers copyright for Bitcoin


Wei Liu has become an owner or copyright for Bitcoin whitepaper.
This move was meant to show that the copyright does not prove anything.

On May 24, a Chinese citizen Wei Liu applied to the US Copyright Office to register the copyright for the Bitcoin whitepaper, according to the archive data. Liu claimed to be the author of "Bitcoin: A Peer-to-Peer Electronic Cash System," which was published in an open domain as a text file. 

The personality of Wei Liu remains a mystery, as some sources say it is a woman and a former employee of cryptocurrency exchange Bibox that tried to lay hands on $3 million in October 2018.
However, CoinDesk reports, that Wei Liu is actually a Chinese entrepreneur, CEO of Coinsummer, a cryptocurrency market research firm, and former CEO of crypto fund MarvelousPeach Capital. Allegedly, he registered the copyright for Bitcoins whitepaper to prove that anyone can do it.

"I filed it just to let people know anyone can register copyright. Everyone can be Satoshi Nakamoto," he said in the interview with the media outlet.

It is worth noting that the news about Craig Wright's registration of the copyright created a FOMO and triggered Bitcoin SV price growth on May 21. The coin jumped by 66% in a matter of hours and managed to keep the ground.

There has been a lot of FOMO and speculations around the controversial BitcoinCash fork. Thus, recently, Chinese media outlets spread fake news that the coin would be re-listed on Binance because Craig Wright proved that he is Satoshi.
 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Cryptos feed

Latest Crypto News


Latest Crypto News & Analysis

Editors’ Picks

Crypto bulls unfazed by flash crash

Bitcoin price action initially shakes off strong selling pressure, finds buyers at support, then resumes some selling pressure. Ethereum price action mixed post-all-time high rejection. XRP price awaits its own bullish breakout and an opportunity to outperform its peers.

More Cryptocurrencies News

MATIC price ready for new all-time highs as $188 million flow into Polygon

The total number of transactions on Polygon network dropped nearly 15% due to a rise in transaction fees over the past week. This hasn’t negatively impacted the network as the number of unique daily active users remained stable. 

More MATIC News

AVAX price offers a bullish opportunity before Avalanche hits new all-time highs

Avalanche (AVAX) price has seen a bullish outbreak on Thursday after it broke out above – and then retested – the red descending trend line at $61.62. With even more buyers and bulls coming in, expect a run towards new all-time highs at $81.

More AVAX News

XLM price building base for bullish breakout

Stellar bulls are in the last phase of completing a bullish triangle. As XLM price is getting squeezed against the base ($0.40), expect a quick breakout of 12%. After taking a breather, expect another 10% of profits to follow. 

More Stellar News

BEST CRYPTO BROKERS/EXCHANGES




Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast

BTC

ETH

XRP