RATE Group | Self-proclaimed inventor of Bitcoin, Craig Wright, says banks are not the enemy
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Self-proclaimed inventor of Bitcoin, Craig Wright, says banks are not the enemy

Self-proclaimed inventor of Bitcoin, Craig Wright, says banks are not the enemy

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The self-proclaimed inventor of Bitcoin and chief scientist at nChain, Craig Wright, explained in an interview with HiveEx, that banks aren’t the enemy everybody seems to think they are. 

According to the DailyHodl, Craig Wright said that banks have a role. ‘Banks aren’t the enemy that everybody seems to think they are.’

‘The problem is where banks are honest or corrupt, or whether they’re debasing money – that sort of thing. We’ve seen some of the world’s largest banks involved in terrorist funding or money laundering or any of these things. And they get a fine and a slap on the wrist, and that’s it.’

Wright explains that he imagines a world where there’s enough transparency so that all illegal funds can be stopped.

‘Where people engaged in the illicit sex trade no longer have a means of funding any of their activities. That’s what we want banking to be, something where it’s actually about the honest distribution of money, where…

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