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Bitcoin Cash [BCH] proponent Faketoshi says IBM’s Hyperledger is a joke

Priyamvada Singh



Bitcoin Cash [BCH] proponent Faketoshi says IBM's Hyperledger is a joke
Source: Pixabay

On 17th September, the self-proclaimed Founder of Bitcoin, Craig Wright aka Faketoshi released an AMA [Ask-Me-Anything] wherein his apparent followers asked him 60 questions. The topics ranged from personal questions to launch of national cryptocurrencies by different countries. In his official AMA post, he stated:

“I have been asked to do an AMA and will answer the questions posed to me. In total, I have been given a list of 60 questions. I will answer these over a few posts starting from the top and working down.”

One of the questions asked revolved around the alleged case of Blockstream taking over the Bitcoin ecosystem. Blockstream is a blockchain security firm that has been in major conflicts with Bitcoin Cash and its proponents. Regarding Blockstream’s prime agenda behind doing so, Wright implied that the company is striving to attain power and control. He also mentioned BCH as a system of eternal equality.

Another question answered by Wright was about private permissioned blockchains, such as Hyperledger by IBM. Here, he stated the project as a joke and equated it to a “private permissioned internet”. Furthermore, he also referred to the 90s to narrate IBM’s failure in understanding the Internet and attempting to capture closed systems. According to Wright, the company is making the same mistake in the time of Bitcoin.

In the blockchain and cryptocurrency space, many have often alleged Craig Wright to be a con who has lied about his doctorate as well as his identity of being the real Satoshi Nakamoto. In a past article by Forbes, the author called Wright’s claims a hoax wherein he had been involved in technical fakery and several frauds.

Wright is also involved in the current conflict running between the two parties of the Bitcoin Cash community. The conflict is about BCH’s hard fork that is expected to arrive in November, this year. Coingeek owner Calvin Ayre is one of the supporters of Craig Wright whereas Bitmain Founder Jihan Wu and CEO Roger Ver are standing together on the issue. nChain implementation is being touted by Wright’s party against Bitmain’s creation of Wormhole protocol for Bitcoin Cash.

A Twitter user and cryptocurrency follower named realSatoshi, on Wright’s tweet wrote:

“Blindly following somebody who lied about his degrees is reckless”

Tioman_Island, another blockchain enthusiast and follower of the space commented:

“You guys will fight until BCH reaches $0. Will be a big satisfaction to win and have zero in your pockets.”

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Priyamvada is a full-time journalist at AMBCrypto. A graduate in Journalism & Communication from Manipal University, she believes blockchain technology to be a revolutionary tool in advancing the future. Currently, she holds no value in cryptocurrencies.



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