Comment Text:
This is a response in generalized format to the Commodity Futures Trading Commission, request for input on crypto asset mechanics and markets. My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet.
The amount of misunderstanding and fallacious information that has been propagated concerning bitcoin and any derivative system based on a blockchain (such as and including Ethereum) has resulted in my choice to start to become more public. The system I created was designed in part to end fraud as best as that can be done with any technology. The lack of understanding about the functioning of blockchains has resulted in widespread misinformation and a dissemination of old scams. Many of the former USENET and web IPOs scams have been propagated with the re-badging as an ICO.
