The overall cryptocurrency community’s feeling toward Craig Wright (sometimes called ‘Faketoshi’) has continued to intensify this week after the computer scientist filed lawsuits against some individuals denying that he is Satoshi Nakamoto, the creator of Bitcoin. This overall negative response to Wright’s current shenanigans has led to a widespread desire to see his coin, Bitcoin SV (BSV), delisted by exchanges on May 1.
The coin is already something of a pariah, with Ethereum (ETH) founder Vitalik Buterin calling it a ‘pure dumpster fire.’
Every exchange should delist BSV simultaneously on May 1st in a sign of solidarity behind the only Bitcoin that ever mattered.
This community is the responsibility of the people. Sometimes we must do the hard thing, not because it is easy, but because it is right.#DelistBSV
— Pomp 🌪 (@APompliano) April 12, 2019
Delist the Demons
The call to delist is not new. Binance founder Changpeng Zhao (CZ) has already threatened to delist the coin, should Wright not drop the Satoshi charade.
However, there appears to have been no change in the overall sentiment of Wright and his supporters.
The non-BSV community has largely rallied around the call to delist the coin.
However, dissenting voices are also arising.
While not supporting Wright’s claims or actions, some suggest that delisting Bitcoin SV is not the answer.
Mob rule hurts everyone, Pomp. CSW is in court over his fraud accusations, & he’s only looking to issue a cease/desist order for defamation by Hodlnaut.
We have a right to not be publicly defamed as a cornerstone of Western law. Subverting justice for political reasons is evil.
— Kurt Wuckert Jr (@kurtwuckertjr) April 12, 2019
Let The Market Speak?
Such an argument instead relies on the community to reject BSV not so much on the basis of moral grounds but through the free market. If the coin is what most think it is, user numbers will steadily decline and delisting will occur organically.
However, if the charges are untrue and BSV has real value, no amount of public ire against Wright will ultimately achieve its ends. Instead, the free market will ultimately drive users back to the coin — whether delisted or not.
Do you think Bitcoin SV (BSV) should be delisted, or should the community allow the market to judge? Let us know in the comments below!
Images courtesy of Twitter, Shutterstock.