nChain’s Craig Wright Talks Bitcoin Finances And Future With Power Lunch In East Africa

2018-7-30 16:58

In an interview with CNBC Africa, Dr. Craig Wright – Chief Scientist at nChain was asked if the crypto market is reaching global saturation limits. The question was absurd and showed that the host wasn’t prepared to interview Wright. However, in an elegant manner, he went ahead to answer the question.

Bchhttps://t.co/pUGBZI3Pr2

— Dr Craig S Wright (@ProfFaustus) July 28, 2018

He started by saying that the crypto market is very very early in its inception, still at a nascent stage. The BCH proponent pointed out that crypto is just a fraction of a percent of global trade, so of course, that market is still there. The confusion arises, especially in mainstream media because of speculations and people doing speculative day trade. At the end of the day, for most people out there cryptocurrency is just a fancy way to gamble.

That’s not the kind of adoption Mr. Wright wants to see. What he wants to see is an actual trading unit or a monetary unit. Once crypto enables the ability to trade, create transport, logistics or tracking systems, for big and small companies alike, then cryptocurrencies would have only announced coming to the mainstream, much less being saturated.

“A global monetary system that enables trust enables escrow, enables the ability to monitor every little problem in the global supply chain which enables people to actually hedge into their life, that’s the promise of cryptocurrencies.”

Wright, who is speculated to be Satoshi Nakamoto, went on to say that right now there are many differences within the crypto industry which can be exploited, just like the westerners exploited the differences between tribes of Africa. If we are to see any progress we should stop blaming people but rather trade with them. Trade not only opens up a richer world but a world which is more interactive.

The only financial advice Craig offers is not to care about the next few months but care about the next 20 years. In those 20 years, he wants to safely, surely but surely build solutions that will take Bitcoin to a global payment system with smart contracts and tokenization of goods and services.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Emerald Crypto (EMD) íà Currencies.ru

$ 0.0095806 (+7.58%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 2.35 %, 7d: -7.78 %
Cåãîäíÿ L: $0.0086651 - H: $0.0095806
Êàïèòàëèçàöèÿ $183.154k Rank 1690
Öåíà â ÷àñ íîâîñòè $ 0.00925281 (3.54%)

wright craig africa question nchain interview prepared

Èñòî÷íèê: bitcoinexchangeguide.com

wright craig → Ðåçóëüòàòîâ: 13


Ôîòî:

Craig Wright Claimed He Would Reveal a Critical Bug in Bitcoin and Litecoin — Then Didn’t

November 15, 2019, has come to pass, and yet another claim from Craig Wright has proven to be nothing more than conjecture. One year ago, Wright claimed in a tweet that after a year’s time, he would release details on an alleged unrepairable flaw in both Bitcoin (BTC) and Litecoin (LTC) that essentially renders both […] The post Craig Wright Claimed He Would Reveal a Critical Bug in Bitcoin and Litecoin — Then Didn’t appeared first on BeInCrypto.

2019-11-18 15:15


Tether to Help What Bitcoin Did Podcast Host’s Lawsuit Against Craig Wright

On Friday, November 8, the company behind USDT, Tether’s general council, Stuart Hoegner shared that Tether has decided to side with Peter McCormack’s lawsuit against Craig Wright. As per a series of tweets seen below, Hoegner argued that Craig Wright had many opportunities to prove his claim that he is Satoshi Nakamoto, but he has […]

2019-11-10 23:21


Ôîòî:

Craig Wright Calls Rivals ‘Frauds’, Despite Doctoring Documents in 2014

Outspoken crypto antagonist, Craig Wright, has been at it again lambasting other people and projects. Meanwhile, it has come to light that he has doctored documents in the past. Craig Wright Exposed For Tax Fraud A crypto Twitter user going by the handle ‘SeekingSatoshi’ has been delving into the past of computer scientist Craig Wright following his repeated claims to be bitcoin father Satoshi Nakamoto.

2019-7-31 16:30


Ôîòî:

‘Craig Wright is F***ed’ Says NY Lawyer

According to a lawyer holding licenses in New York, Hong Kong, and Taiwan, the self-proclaimed Satoshi Nakamoto, Craig Wright, is in serious legal trouble in his case against Ira Kleiman.   The Craig Wright Lawsuit  Back in February 2018, the brother of the now deceased David Kleiman filed a lawsuit against the self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent, Craig Wright.

2019-6-25 23:00


Binance CEO Swats ‘Stupid’ Bitcoin SV Craig Wright’s Shocking Slavery and Prostitution Claims

  By CCN: Self-proclaimed Satoshi Nakamoto, Craig Wright, just took his ongoing Bitcoin takeover gambit to the next level. Speaking at a CoinGeek conference in Toronto, Wright claimed that money from major cryptocurrency institutions like Binance, Bitfinex and Tether was being used to fund slavery and prostitution.

2019-5-31 14:30


Craig Wright’s Bitcoin SV (BSV) Spikes Over 50%, Market Cap Hits $3 Billion

It would seem like things might just be going well for self-proclaimed Bitcoin (BTC) creator, Dr. Craig Wright, and his asset. For a while now, Wright has been in the news for all the wrong reasons including proclaiming that he is the real Satoshi Nakamoto or supposedly giving the court a BTC address he didn’t […] The post Craig Wright’s Bitcoin SV (BSV) Spikes Over 50%, Market Cap Hits $3 Billion appeared first on ZyCrypto.

2019-5-30 23:35


Ïàðòíåðû Currencies.ru

Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Whale watch: $1B in Toncoin trades shake the market, tracking what's next

Toncoin has seen a surge in whale activity on its network. TON, however, is at risk of a price decline. Toncoin [TON] has witnessed a spike in whale activity on its network in the past few wThe post Whale watch: $1B in Toncoin trades shake the market, tracking what's next appeared first on AMBCrypto.

Predicting how ETH will react IF the SEC approves Ethereum ETFs

Coinbase analyst sees a 30-40% chance of approval for Ethereum ETFs. Ethereum's dominance and performance are at a low, suggesting a need for positive development soon. It is generally belieThe post Predicting how ETH will react IF the SEC approves Ethereum ETFs appeared first on AMBCrypto.

Ethereum sets sights on $4K: Will THIS spark a new rally for ETH?

ETH was up by more than 6% over the last seven days.  A few of the metrics suggested that the bullish momentum might not last.  Ethereum [ETH] caught investors off guard as its price gaineThe post Ethereum sets sights on $4K: Will THIS spark a new rally for ETH? appeared first on AMBCrypto.

Ethereum ETFs progress, but Solana may turn things bearish instead - How?

New data indicated that the likelihood of approval of Ethereum ETFs was relatively high. Ethereum lost market share to Solana, however, the price of ETH continued to surge. Ethereum [ETH] haThe post Ethereum ETFs progress, but Solana may turn things bearish instead - How? appeared first on AMBCrypto.

Fantom Sonic: Will Ethereum integration help FTM's price?

Fantom disclosed that Ethereum would enable the token migration. While FTM's price increased, reaching $1 could be challenging in the short term. Layer-1 blockchain Fantom [FTM] has discloseThe post Fantom Sonic: Will Ethereum integration help FTM's price? appeared first on AMBCrypto.

Avalanche [AVAX] jumps 7% ahead of token unlock: Is $43.50 coming?

Volatility around the token may be low, considering it has previously released 60% of its supply. AVAX might hit $43.50 if the volume continues to back the price action. The price of AvalancThe post Avalanche [AVAX] jumps 7% ahead of token unlock: Is $43.50 coming? appeared first on AMBCrypto.

Ethereum nears $3,200, jumps 10%: Bullish breakout ahead?

ETH wants to break above resistance. The bulls supported the coin’s uptrend with a number of markers spotted on a daily chart.  Leading altcoin Ethereum [ETH] is poised to breach the uppeThe post Ethereum nears $3,200, jumps 10%: Bullish breakout ahead? appeared first on AMBCrypto.