Craig Wright: Lockdown, Shakespeare and how Bitcoin could have been part of Microsoft

Welcome to the special edition "Dialogue CoinGeek" This issue is especially about my conversation with Dr. Craig Wright He is the chief scientist of nChain Satoshi Nakamoto, the inventor of Bitcoin Dr. Craig, thank you very much for talking to me You're welcome Charles You are listening to "Conversation CoinGeek" hosted by Charles Miller First, let’s talk about today’s hot news That is the price of Bitcoin and BSV coin Abnormal fluctuations in the past few weeks It has risen by 30% to 40% in the past two weeks and then it has fallen back. What do you think of it? This is man-made manipulation, pure man-made manipulation There is no capital circulation in the market at all Obviously manipulating Now people are talking about gold and the gold market But the inflow of money must have About 10,000 to 15,000 times what we have seen so far In order to have such a big impact on the price of gold So to achieve that kind of circulation Let the price of gold be affected to that extent Basically means the entire crypto industry Need to be multiplied by approximately 15 times the purchase amount Actually our market is very small So it's easy to be manipulated Especially fraudulent systems like TEDA So what we saw was a conspiracy? It's like a group of people discussing "Okay, let's buy it together tomorrow Throw up the price when the price reaches its highest point" Of course this is completely manipulated You also see that these rises are all triggered by the inflow of fake TEDA coins And no more money flows into the market There is no indication that there is an inflow of actual capital Basically one printing machine can be operated If you consider how easy it is to set up a trust account Such as attorney trust account accounting trust account You can have a legitimate trust account Used to manage currency In a TEDA scene like a California hotel Where currency is the interest on their last profit If that's the case, they rely solely on the seigniorage of interest Enough to cover all kinds of expenses To maintain a company like TEDA I mean according to the amount they claim to hold There may be billions of dollars in interest seigniorage every year It means that it cannot be proved They have that kind of income Do you mean this? More importantly, if you look at their situation and wait After a person has income Haven't touched those cryptocurrencies That's a bit suspicious Use certification reports instead of instructions This is a big difference Using a certification report is not as good as using toilet paper Yes of course You are in a recent blog It is written that the EU is introducing Article 5 Money Laundering Instructions…

Yes Europe and the UK Yes it is But it is speculated that such regulations Don't you think it will eventually have a global impact? Of course it will But the U.S. is also strengthening their regulations But European and UK money laundering regulators For example, the so-called gold-plated control in the UK Will go deeper These regulations will be implemented in about a week So there is not much time People may think this will not be implemented The fact is that every exchange will be regulated All these DeFi projects decentralized exchanges are completely nonsense I keep pointing There was an article called "World Wide Web" in 1994 Proposed token sale Also proposed those systems that turned out to be No different from now When will this instruction be issued? It will apply to customer-based places Or is it based on the business place? Actually both If I am in the UK But the transaction happened elsewhere Does this instruction still apply to me? That's right Ok The same applies if the route goes through the UK It's like restarting some standby task If you are using a server farm in Ireland This is for a lot of use Amazon It’s not unusual for people on other sites It also works for you Are you looking forward to this kind of thing? Do you think we should move in this direction? Yes i always say Bitcoin was not born for the so-called anarchist system Bitcoin is traceable You can't get rid of tracking It’s not what people call a cryptocurrency For cryptocurrency It is completely anonymous and cannot be tracked These are not possible in Bitcoin Bitcoin is designed to prevent people from hacking this part of the system Yes it is You also wrote a feature article about the epidemic You are basically opposed to quarantine Also opposed to Sweden's approach, right? Yes we need to address the long-term economic impact We are doing an experiment now At one point in history, 70% of the population died of the Black Death But the trade continues Everyone may die in 2008 At that time there was a global pandemic flu One out of a million people die, etc.

Now we don’t even remember anymore A bigger flu broke out in the 1960s Caused so many deaths Spread from village to village during the Spanish flu But these are terrible things I think it's best Let them never happen again But this doesn’t stop them from erupting The actual situation is that we are done by trusting the scientists I have studied epidemiology and related things This is totally nonsense I just want to say that someone is just acting Wearing a mask is useless Isolation is useless But how do you know these are useless? You can look at it statistically If you have seen various results Use a two-sided T test to detect mortality 2017, 2018, 2019, 2020… You will find that there is no obvious difference Even the incredibly large error of α=10% is the same As long as you look at these You can easily draw conclusions It makes no difference the difference lies in When you compare the mortality rate of any country in the world The death rate of the new crown is equal to the reduction of all other causes of death People also overlooked a fact One fact is 15.2% of men over the age of 85 die each year in the UK From a biennium perspective Double this number More than 25% of men are alive in the first year I'll pass away in a year That's just in terms of age So you compare this Look at the death rate of people over 85 They are the same as any death rate you want to measure Are equally important It’s just that we have reduced the flu record Other things are recorded and reduced But these are all counted on the head of the new crown epidemic The real problem now is education and the economy Mortality related to trade and other aspects In the next 20 years, it may actually be 300 to 400 times the death rate of the new crown epidemic Look at the people who can’t eat enough in Sri Lanka Look at the increase in poverty in African countries Look at the increase in poverty in Bangladesh, etc.

What we see is people For the first time in a long time Marginalized and impoverished In the past 20 years, the world has been significantly lifted out of poverty Until the new crown epidemic changed this situation We are in such a situation Everyone falling into poverty increases the global mortality rate It's not because of disease This is because of hunger and shortage of resources When the demand for resources increases and people are hungry Violence and war have also increased We are creating such a world It will fall apart and become more dangerous in the future The consequence is like this What is your policy not to take any precautions? Not interesting is in the UK The money we spent Could have paid £115,000 per person over 70 One year's personal care expenses The money we spent could have been for everyone over 70 Full-time employment of 2.5 nursing doctors Only people of this age are in danger Back to the money issue A lot of government spending during this period Has exceeded its holdings I think it’s impossible to do this with Bitcoin No you are wrong The difference is simple People spend too much money under the gold standard You can issue bonds and loans People mistakenly think You are not holding cash no Banks can always print money Even the Bitcoin-based system The government can still do all this Compared with the gold standard, the difference is You ultimately have to take responsibility This is the difference After World War I and World War II The British government had to start Repay many debts The pound has since depreciated But what is the difference? Assume not to use British pounds but Bitcoin Plus the epidemic The government wants to spend more money than it holds It can only borrow money in the same way What do you mean? Yes it is The difference is that you are using gold now Can measure concretely what each government is doing Now i guess Equivalent to debts of 1 to 20 trillion U.S.

Dollars The U.S. will not be responsible That will no longer be a problem Now people don’t even know how much government debt there is All estimates How has everything in the past year affected you? For what you can do or want to do? I really shouldn't complain Like i said I have Asperger's syndrome so… My family is fine and everything else goes well I often go out to see people and I am safe My goals and everything related to it are implemented smoothly I don’t go to places where people gather or where I don’t like So everything is fine Have you encouraged your family members to be careful to avoid the epidemic or…

I was infected a month ago without myself really? Yes it was a terrible day It's pretty good in some ways All universities now take classes online remotely such as I have to find time to attend At least some courses in the U.S. Because I still have some courses at Harvard I don't know when I will have that time I have to postpone my studies Till now i only need I also had ridiculous times At the end of last year Due to the time difference in the U.S., my class will last until 1 AM I'm not really reading that book… … didn't really come to class-yes I wanted to ask you a little Last time we talked to you You said you are taking 25 degrees at the same time But how can it be done? It's finished now Ok i thought you only took half of the course But how can it be done? They are all different disciplines and I have never been to the laboratory But i mean time How can I arrange it in time? How can this be done? I read books faster than I can't forget I may not be good at getting along with people But I am good at dealing with knowledge For example, I read 2400 books last year 2,400? Do you know what it is? Ten books a day or…

Eight books probably yes I'm sorry that my mental arithmetic is not good… Some books are thinner than others On average, there are 8 books per day, which is still a lot And you have other things to do Grammarly website shows me the statistics I wrote nearly 3 million words -That was…-Last year In fact I am looking for… In the 12 months ending in February Actually I want to say if you are a little lazy Because I read the blog you wrote in 2019 You posted 124 blogs back then By 2020, this number has dropped to 46. I went to SSRN to publish papers and work on other things But not everyone will read my articles in every field They just don't have time That's also a reason I recently published a paper on Shakespeare’s sonnets People who know cryptocurrency don’t necessarily know that I wrote that The objection I put forward in the paper is In the past, the so-called praise was to praise a young man But poetry is not praising young people Is actually praising Queen Elizabeth Whether it's blog or romanticism You have to know its historical background Remember Lancaster Remember the red and white roses that people hang behind the house wall Remember the Tudor Dynasty When the poet mentioned lilies Queen Elizabeth I was called the White Lily She is a white virgin and so on There are many places to refer to Is this part of the English literature course you are taking? I am studying for a master's degree in English literature Is this something new for you? Or are you always reading classical literature? I have been reading classical literature I think this is very important This is one aspect of our learning Jack Cohen Terry Pratchett and more Are all good at telling stories Yes it is Who is your favorite British classical novelist? My favorite is not British writers but Russians I have always liked Dostoevsky I also like many other writers There are also philosophical writers such as Montesquieu Lockek, etc.

Not only modern People see this as their main point But they also have other views Even reading the works of American writers is very interesting For example, Poe is not just Howard Most people don't realize Poe is actually the originator of detective novels really? There is a question related to your broad interests I saw the "Sisyphus Unrepentant" you published last year That’s a particularly interesting article you published on SSRN Although it was only published last year, it was actually written in 2008 I want to say that this is almost a poetic article Yes it is It’s actually an essay about self-reflection Reflect on what happened during my course It's basically the way I focus on doing anything Like taking a course But it’s very personal because you mentioned the role As you use the "Trilogy of Characters" to describe The three roles of warrior father and husband As a male yes It seems out of fashion now In the past, we liked to distinguish the difference between men and women Yes it is But you think you can only play two of the three roles I.e.

Warrior and husband As a father you blame yourself Yes, I find it difficult to do these three roles at the same time I have known many different people in many fields I think it’s impossible to do all three at the same time You try your best but life will always sacrifice I also found an interesting thing This was written the day before you published the white paper Is there any point in this? I was thinking about many things I have written the white paper You mean when i posted it I just returned from a trip to Microsoft I went to Microsoft for an interview Actually, I’m applying for the click fraud team Everything went very well at the time Hiring stopped until the financial crisis Microsoft also stopped hiring across the board Invited me for an interview two years later But that's too late I have many ideas related to Bitcoin This is when you hear that things are not going Was it written under disappointment? Actually I thought things would go well at the time What I was thinking at the time was what change would I make? Have I changed my home country? Have I left any merits? If I can let Microsoft operate this It should succeed But what this means to me is Reflecting on that is a different kind of life If you join Microsoft Will Bitcoin be some kind of role within Microsoft? At the time I had a concept of a non-advertising internet I think compared to Google’s approach If they can influence micropayments Let it all work that way That would actually be a more effective method What people should know is In fact, electronic money is often sold to Microsoft But Joel's asking price is too high compared to options Or even if it’s the cash Joel's asking price for them to make electronic money is 30% of Microsoft's shares They just smiled at him But looking back now Have you seen this fact? Bitcoin is not absorbed as part of Microsoft A blessing in disguise instead? Yes i saw it This is the choice between carefree and better but also more challenging This is the sacrifice of one of the two different options Another option will be your way of survival And in this option, I am paid very well and also have options Especially as my career develops, I grow up with the company I will have enough resources Do the research thrown at me…

Back to the internet you mentioned And your idea of ​​reforming the internet I saw Tim Berners-Lee said something If it resonates with you It’s about restoring the Internet to What he originally imagined He still has that Something called a personal identification pod Everyone can collect their own data In the system he wants to promote Do you feel the same with him in that situation? No Because Tim mainly insists on socialism Tim used to provide everything equally and for free Simply nonsense In fact, human beings are born to love hierarchical To make us happy Unless someone comes to compete with us Arguing and working together to set off our excellence To have a sense of dignity Unless there is a way for us to fight and get ahead One thing people don’t understand is If you are just given, there is no sense of dignity Yes but actually what he said is You can control your private data You can also decide to whom to give the data Yes but there is no cost So do whatever you want… Does this include allowing you Distribute it to others for reward? If it was created by Tim, it would not be If it was created by Tim…

Stalin is actually capitalist… Yes it is I never heard Tim Berners-Lee talk about socialism or anything But I can… Not most people have not heard of it But it’s true if you look at what Tim does He sat there running a big, poor company Bad big companies are not the problem The advertising-based model is the outstanding issue Sitting on a company But it doesn’t actually see you as a customer rather than a product Yes it is Finally, let us look forward to this year What is your vision for 2021? I guess it takes a certain amount of time to go to class? Yes that is part I can't tell you something that's coming But there are many things What people should have known soon is still hiding All this should have happened last year But what can we say, everything slows down I mean theoretically Most of my things should have been known before August last year But all were delayed due to the epidemic Yes it is Thank you very much Craig You are so funny thank you Wish you a happy 2021 You too thank you very much I hope one day we can meet in person That's great thank you Goodbye Ok Thank you very much for listening to this dialogue Craig Wright If you want to visit The three million words he wrote last year There is in the broadcast notes box Links to articles we talked about in the podcast Next week we will return to Natalie Mason to talk Robert Rice, founder of Transmira Explore the application of augmented virtual reality technology to the blockchain Please listen to Natalie's show next week If you don’t mind please like or share this podcast Thanks for listening to the show hosted by Charles Miller this week Goodbye

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