Self-proclaimed bitcoin creator, Craig Wright, has filed registrations to secure ownership of the bitcoin source code and white paper.

// STAY UP TO DATE – FOLLOW BLOCKCHAIN DAILY ON TWITTER: @BLCKCHAINDAILY

“In the future, Wright intends to assign the copyright registrations to Bitcoin Association to hold for the benefit of the Bitcoin ecosystem,” stated an official press release.

“Bitcoin Association is a global industry organization for Bitcoin businesses. It supports BSV and owns the Bitcoin SV client software.”

Founding President Jimmy Nguyen commented in the release:

“We are thrilled to see Craig Wright recognized as author of the landmark Bitcoin white paper and early code.”

“Better than anyone else, Craig understands that Bitcoin was created be a massively scaled blockchain to power the world’s electronic cash for billions of people to use, and be the global data ledger for the biggest enterprise applications. We look forward to working with Craig and others to ensure his original vision is recognized as Bitcoin and is realized through BSV.”

Computer code can be copyrighted if the author considers the product literary works.

“In general, registration is voluntary,” the copyright office writes.

“Copyright exists from the moment the work is created. You will have to register, however, if you wish to bring a lawsuit for infringement of a U.S. work.”

Jerry Brito, executive director at advocacy group Coin Center, tweeted:

“People register things for a reason. They want to exploit it and they want the credit for it,” said David H. Faux, Esq., an intellectual property attorney in New York City.

“Someone dishonest would register the Bitcoin white paper to put it on his website and get speaking engagements. But at some point it would catch up with him. The market takes care of itself,” said Faux.

// CLICK HERE FOR MORE BLOCKCHAIN NEWS

Leave a Reply