📺 Stream EntrepreneurTV for Free 📺

Craig Wright Will Not Give Further Evidence He's Bitcoin's Creator 'I do not have the courage. I cannot,' Wright wrote in a blog post.

By Reuters

entrepreneur daily

This story originally appeared on Reuters

Reuters | Benoit Tessier

Australian tech entrepreneur Craig Wright, who earlier this week said he would provide "extraordinary proof" that he was the creator of digital currency bitcoin, will not provide any further evidence, according to a post on his blog on Thursday.

Wright did not say his earlier claims were false, however. He said he had not deceived lead developer Gavin Andresen and bitcoin consultant Jon Matonis, both of whom had written blogs in which they said they believed him to be bitcoin creator Satoshi Nakamoto, a name assumed to be a pseudonym.

Uncovering Nakamoto's real identity would solve a riddle dating back to the publication of the open source software behind bitcoin in 2008, a year before its launch.

"I'm sorry. I believed that I could do this. I believed that I could put the years of anonymity and hiding behind me," Wright wrote.

"But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot."

After coming under pressure to provide more credible evidence that he was bitcoin's creator, Wright had published a post on Monday that said he would post "independently verifiable documents and evidence" that would back up his claims. The post could no longer be found on the blog site.

(Reporting by Jemima Kelly; Editing by Mike Dolan)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Money & Finance

12 Books That Self-Made Millionaires Swear By

The bookshelves of millionaires can inspire you to build your wealth. Here are 12 must-reads they recommend.

Devices

Stay Focused and Accessible with These $40 Conduction Headphones

These headphones sit on top of your ears, so you can take calls while staying tuned into your surroundings.

Starting a Business

Clinton Sparks Podcast: Founder of Chuck E. Cheese, Atari Discusses Innovation and His Advice to Young People

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Devices

Keep the Office Cool This Summer with $10 Off a Klima Thermostat

The Klima Smart Thermostat can turn your existing mini split, heat pump, or AC into a smart unit.

Green Entrepreneur®

A Deer Invasion in Hawaii Has Turned Into an Environmental Crisis—And a Sustainable Business Opportunity

How Maui Nui Venison built a for-profit harvesting business that protects the land and helps the local community.