During the Rwanda Transform Africa Summit, guest speaker Craig Wright was quoted saying, “I’ve got more money than your country” during his monologue speech. The self-proclaimed Satoshi Nakamoto (commonly referred to as “Faketoshi”) and Bitcoin Cash enthusiast was looking to set himself apart from other presenters who were looking to sell IT solutions to Rwanda during the summit.
“I’ll say this quite frankly, because I’ve got more money than your country, so I’m not going to ask for anything. I don’t want your investment. I don’t want — like Stellar and everything else — to be handed money. I don’t really care. I’m just going to develop solutions and they’re going to go out there and they’re going to be created and they’re going to be used, because we can basically make them that way.”
-Craig “Faketoshi” Wright
1:48 Craig Wright tells Rwanda he has more money than the whole country.
Keep in mind Rwanda’s GDP in 2016 was 8.376 billion USD, an annual amount that Wright’s net worth is not even close to.
This is not the first time Wright has made headlines for making arrogant and asinine statements. In fact, this isn’t even the first time this week. During a blockchain focused summit held in Taipei, Taiwan this week, Wright and Jack Liao (the CEO of LIGHTNINGASIC and co-founder of Bitcoin Gold (BTG)) got into an argument which resulted in Wright leaving the stage.
Liao was addressing the audience in Chinese when Wright interrupted him telling him to keep everything in English or he would walk out. Liao immediately told Wright to shut up which resulted in the two men standing up and Wright asking the audience “Do you want me or him at this conference, or me and my technology ever in this country?”.
The confrontation occurs at the 1:49 mark. The two large men that step on stage are Wright’s security guards, it’s not hard to imagine why he travels with them.
Translation of what Liao was saying in Chinese:
“I woud like to explain it in Chinese, about who is Satoshi Nakamoto, there is a very fair standard in our industry. Bitcoin is based on mathematics. We believe in math. In fact, there is only one question you need to answer, do you have the private key? Everyone can be Satoshi Nakamoto, if you don’t have the private key. I can tell everyone here, I’m Satoshi Nakamoto.”
I think Vitalik Buterin said it best last month when he stood up in front of the Deconomy conference and asked, “Why is this fraud allowed to speak at this conference?”.