Bitcoin ‘creator’ races to patent technology with gambling tycoon

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According to an overview document and presentation slides reviewed by Reuters, in 2015 Wright planned to propose to the Antigua government that the island adopt bitcoin as its official currency. It is unclear which government department Wright approached, or indeed whether he made the proposal as planned. Requests for comment from three ministries in the Antiguan government produced no response.

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“Bitcoin is not just a currency,” Wright wrote in his proposal for Antigua to adopt bitcoin. “It’s a new backbone and commercial foundation for the internet.”

(Editing By Richard Woods, Sara Ledwith and Janet McBride)