Finder makes money from featured partners, but editorial opinions are our own.

US copyright office: Wright’s copyright does not prove he’s Satoshi

Posted:
News

Picture not described: shutterstock-bitcoin-cryptocurrency-dice-738x410.jpg Image: Getty

This won't change anyone's mind. Satoshi's identity is a matter of faith now.

"In a case in which a work is registered under a pseudonym, the Copyright Office does not investigate whether there is a provable connection between the claimant and the pseudonymous author," the US copyright office said in a statement. "A registration represents a claim to an interest in a work protected by copyright law, not a determination of the truth of the claims therein. It is possible for multiple, adverse claims to be registered at the Copyright Office."

Of course, everyone already knew this.

But that doesn't mean it has to be a wasted exercise. This is a great look at people's tendency to pick a side and then just blindly argue in favour of it, rather than going where the facts lead them.

A lot of people instantly became experts in copyright procedures yesterday. For examples:


Picture not described: bsv-eating-words-snip-21.jpg Image: Getty


Picture not described: bsv-eating-words-snip1.jpg Image: Getty


These are examples of people who were 100% convinced that the US copyright office deeply investigates every application, rather than just handling the paperwork and leaving any disagreements to the court.

Where did the idea come from? There's no reputable source in the world that would make that assertion, and you will never read a guide to copyright law which says this.

The idea that a copyright grant was some kind of proof did not come from anywhere in particular. Instead it just grew like mold in an echo chamber, and found advocates to carry its spores. It's a very tangible example of how misinformation spreads.

Here's a tweet that aged really well in less than 24 hours.

Picture not described: bsv-tweets-aged-well-snip.jpg Image: Getty

It's also a nice reminder that you can't believe everything you read, especially if you're reading it in a publication with a less than thinly veiled BSV shilling agenda. Echo chambers are very real, and the entire brief affair here is a curious look at crypto tribalism, shilling and misinformation in action.

Of course, no one's actually going to change their minds as a result of this.

Picture not described: bsv-copyright-mental-snip.jpg Image: Getty

Much like BSV advocates, BSV prices have remained unaffected by this development. And it comes as no surprise. Anyone whose faith is weak enough to be rocked by this would have lost it already. Much like all the other "original Bitcoin" brands out there, BSV's community has been honed down to the true believers.


Disclosure: The author holds BTC, BNB, ATOM, IOTA at the time of writing.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Picture: Shutterstock

Get started with crypto

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site