2023-05-19 12:33:40
Senior attorney at the nonprofit Bitcoin Legal Defense Fund, On May 18, Jessica Jones spoke at the Bitcoin 2023 event in Miami regarding the effects of the lawsuit once morest the Bitcoin core developers.. At the beginning of the year, we wrote regarding Craig Wright’s lawsuit once morest Bitcoin developers in the United Kingdom.
Wright’s lawsuit extends beyond Bitcoin developers
Wright claims that his company, Tulip Trading, lost 111,000 Bitcoins (that’s billions of dollars in today’s currency) to a group of hackers who stole their private keys. And according to Wright, Bitcoin developers have an obligation to help owners of cryptoassets recover stolen cryptos. You want to achieve that Bitcoin developers make some kind of back entrance. This way you can get back the lost coins. According to Jones, introducing such a change would require a fork in Bitcoin’s blockchain. And then expecting everyone to join the new forked chain.
However, if this lawsuit goes through, it might have a serious impact not only on Bitcoin itself, but also on open source development in general. Open source software accounts for 97% of the world’s software. So if the developer of an open source software is held accountable following Wright’s lawsuit, it might send the entire sector to the floor. According to Jones, the case is specifically regarding freedom of speech. According to him, software development in the United States is considered a right to freedom of speech. And Tulip Trading in a UK court pereskedik once morest the right of American citizens to free speech. Ultimately, the consequence of a verdict in such a lawsuit may be that there will be no one working on an open source projectbecause anyone can sue at any time.
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