The messages may help refute Craig Wright's claim that he is Satoshi Nakamoto — the pseudonymous creator of Bitcoin. #TrendingTopic #Write2Eam Adam Back has submitted his early correspondence with Bitcoin creator Satoshi Nakamoto to a UK court as part of his testimony in the Crypto Open Patent Alliance (COPA) vs. Craig Wright trial on Feb. 22.Back is testifying against Wright, who claims to be the creator of Bitcoin and wants to assert a copyright claim on the Bitcoin whitepaper and associated materials.COPA noted that Wright’s claim “stops the development of bitcoin [and] chills and silences developers.” According to the group, this makes the outcome a matter of public interest and Bitcoin developer safety.The emailsIn one email, Nakamoto acknowledged Back’s Bitcoin precursor, Hashcash, writing:“I’m getting ready to release a whitepaper that references your Hashcash whitepaper and I wanted to make sure that I have the citiation right.”Nakamoto referred to what would eventually become Bitcoin as a version of e-Cash — a technology offered by David Chaum’s DigiCash company until 1998.In another email, Back suggested that Nakamoto read about a proposal called B-Money by Wei Dai. Nakamoto notably told Back that he had not read the B-Money web page but said that he would credit the author in his paper. B-Money is cited in the final Bitcoin whitepaper.The development is noteworthy because Wright has previously claimed that he was inspired by B-Money when creating Bitcoin. However, the email suggests that Nakamoto was unaware of it until a few weeks before Bitcoin was launched.In his written witness statement, Back said that the discussion between himself and Nakamoto had been minimal, and he did not become interested in Bitcoin as a contributor until years later.According to Back:“It was not an elaborate conversation, and we didn’t get into a great deal of detail.”He also said that he had never published the emails before.Back’s testimonyDuring his testimony, Back highlighted contradictions that could support COPA’s case against Wright based on his second witness statement.Back said that he does not believe B-Money influenced Nakamoto based on his emails. He also argued against Wright’s claim that he was dismissive of any attempt to create digital cash.Furthermore, Back denied Wright’s assertion that Bitcoin relies on an algorithm other than Hashcash, noting that his own Hashcash v.0 predates the alternative algorithm.COPA’s case against Wright began on Feb. 5, with the court case taking various turns since then.Wright has maintained his stance and denied COPA’s allegations of forgery and plagiarism. Meanwhile, various COPA members and early Bitcoin contributors who interacted with Nakamoto have provided testimony that refutes his claim of creating Bitcoin. #TrendingTopic #Write2Eam

The BRICS alliance is looking to work on an alternative currency to take on the US dollar. The bloc is working out several options to end dependency on the US dollar and promote local currencies for global trade. The alliance is also convincing other developing countries to stop relying on the US dollar and promote local currencies instead.Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Reports are doing the rounds that BRICS is considering a single unit currency, similar to the Euro, to challenge the US dollar.Russia’s Minister of Finance Anton Siluanov said that BRICS members are looking at the possibility of a common unit of account and currency, similar to the Euro. Siluanov said that the currency could work as an alternative to the US dollar, and can be used to denote the cost of some commodities.“This can be a unit of account for the BRICS member countries. Not a single currency like in the EU (Euro) but an alternative to the dollar. In which the cost of commodity deliveries can be denoted as well as benchmarks for some goods. So as not to depend on the single currency or an issuing center that issues banknotes in a no-one-knows-how manner,” he said. Euro WaySource – PixabayThe BRICS currency following the Euro’s path is currently only talks and no concrete decision has been made. The bloc of nations will meet at the next summit in October this year and have a common consensus. The upcoming 16th summit will take the alliance in a new direction with possible groundbreaking policies. The policies could hamper the West and the US dollar, as they might give prominence to their currency. If the US dollar is used less on the global stage, America’s economy will be the hardest hit this decade. #TrendingTopic #Write2Eam