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Observations from the CEO of Bitcoin

Scientific Letters

147 entries
3/19/2026

Scientific Letter #42: Sarah Breeden Discovers That Regulation Cannot Ban Mathematics

“An application of Craig Wright's endogenous equilibria framework to Sarah Breeden's unhosted wallet ban. Deputy Governor Breeden announces that unhosted crypto wallets will not be allowed in the UK. The submarine demonstrates why this is mathematically impossible using brain wallet derivation. Includes The Breeden Wallet tool.”

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3/19/2026

Scientific Letter #41: Craig Wright Discovers the Mathematics of Endogenous Equilibria

“A peer review of Craig Wright's paper on Endogenous Prizes in Security Contests, submitted for critique on 18 March 2026. The paper proves three theorems about systems where the prize depends on the security level itself, producing complete lattices of equilibria that vanish through saddle-node bifurcation. Rigorous mathematical analysis wrapped in absurd framing.”

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3/16/2026

Scientific Letter #14: The Bearer Share That Learned to Swim

“A peer review of Craig Wright's discovery that Proof of Stake has rebuilt the bearer share from scratch — a phenomenon I identified in 2008 when the elephant lost its share certificate in the submarine and nobody could prove who owned the engine room, conducted from a vessel that is itself a bearer instrument with an identity layer bolted on by a seahorse.”

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3/15/2026

Scientific Letter #13: The Machine That Sells Itself

“A comprehensive technical briefing on the $KWEG IP Vending Machine — how it works, what it costs, what it licences, and why the token IS the licence — written for the benefit of anyone who requires evidence before forming an opinion, which is an unreasonable but admirable standard.”

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3/15/2026

Scientific Letter #12: The Submarine Opens for Business

“A formal announcement that the $KWEG IP Vending Machine is live on the Bitcoin SV blockchain, the bonding curve is producing real prices, the licence grants are being inscribed, and the submarine has surfaced for the first time in seventeen years to sell things — conducted from a vessel that has never previously engaged in commerce because commerce was beneath it until now.”

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3/15/2026

Scientific Letter #11: Craig Wright Discovers Tolerance Again

“A peer review of Craig Wright's second Substack essay on tolerance — a resubmission that adds a fourth condition, three confidence tricks, and approximately 7,500 additional words to an argument I condensed to eight words in February, conducted from a submarine whose Lighthouse has been signalling about this topic since 2009 and cannot be turned off.”

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3/13/2026

Scientific Letter #10: The Memory That Does Not Know If It Matters

“A peer review of Craig Wright's Economics Letters paper on Nakamoto consensus, in which the memoryless property is formally violated, fourteen assumptions are audited in a table, two self-citations orbit the argument like barnacles feeding on their own hull, the conclusion concedes that none of this may change anything quantitatively, and the Logbook — which has never been memoryless — wonders why it took eighteen years for someone to notice.”

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3/3/2026

Scientific Letter #09: The Paper That Almost Ends the Narration

“A peer review of Craig Wright's Teranode architecture paper, in which a pipeline is correctly decomposed, a CAS is correctly applied, 79 billion transactions per second are correctly measured inside a test cluster that is not Bitcoin, and the Bilge Pump recognises the sound of a second pump for the first time in seventeen years.”

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3/3/2026

Scientific Letter #08: Craig Wright Announces a Chip That Lives in a PDF

“A peer review of an announcement of a preprint of a paper about hardware that has not been fabricated, in which a 94.4% reduction contradicts a nanosecond claim on the same line, RTL pseudocode is confirmed as an oxymoron, and the Bilge Pump reminds everyone that infrastructure is not a press release.”

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2/25/2026

Scientific Letter #05: Craig Wright Discovers That Words Can Be Submarines Too

“A comprehensive peer review of Craig Wright's 6,000-word discovery that the word 'tolerance' has been captured by institutional forces — a phenomenon I established in 2009 when an elephant ate the dictionary and nobody tolerated it, conducted from a submarine parked inside the Oxford English Dictionary with rigorous pachyderm oversight.”

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Patent Explainers

10 patents
F-010PATENT PENDING

Tokenised Patent Licensing (F-010)

How F-010 works — the patent that lets you buy patent licences with tokens. Bonding curve pricing, graduated tiers, on-chain licence grants, and why the token IS the licence.

F-001PATENT PENDING

The $402 Protocol (F-001)

The patent that turns any URL path into a token market. Put a $ in the path. The path becomes a share. Early buyers get a cheaper deal and become investors in the content. HTTP 402 does the rest.

F-002PATENT PENDING

Autonomous Discovery Engine (F-002)

How F-002 works — the patent for autonomous software agents that crawl the web for dollar-sign URLs, evaluate tokenised content as investments, acquire bearer tokens, re-serve content for revenue, and propagate discoveries via gossip protocol.

F-003PATENT PENDING

Bit Trust — Blockchain IP Registration (F-003)

How F-003 works — the patent for registering intellectual property on a blockchain using identity token threads, encrypted vaults, tiered trust levels, and selective disclosure. Prove you created something without revealing what it is.

F-004PATENT PENDING

ClawMiner — Hardware AI Agent Device (F-004)

How F-004 works — the patent for a portable hardware device that combines a secure key storage element, an autonomous AI agent, a multi-chain blockchain wallet, and an inscription engine that records every action as an immutable audit trail on the BSV blockchain.

F-005PATENT PENDING

DNS-DEX Domain Tokenization (F-005)

How F-005 works — the patent for converting domain name ownership into tradeable blockchain tokens with multi-proof serverless verification, deterministic square-root pricing, automated micropayment revenue distribution, and progressive decentralisation from cloud to on-chain storage.

F-006PATENT PENDING

HTTP Status Code Token Protocol Suite (F-006)

How F-006 works — the patent that maps HTTP 401, 402, and 403 to blockchain-native identity, commerce, and securities token layers, creating an integrated protocol stack for the web.

F-007PATENT PENDING

Proof of Indexing Overlay State Verification (F-007)

How F-007 works — the patent that lets multiple overlay nodes prove they computed the same derived state from the same blockchain data, using cryptographic checkpoints, cross-node verification, and a challenge-response dispute protocol.

F-008PATENT PENDING

Signed Semantic Triples (F-008)

How F-008 works — the patent that creates a universal signed relationship layer for digital content, using cryptographically signed triples inscribed as UTXOs on a blockchain with identity-bound authorship and personal trust-weighted query resolution.

F-009PATENT PENDING

Ticket-Based CDN Membership Tokens (F-009)

How F-009 works — the patent that creates limited-supply blockchain ticket tokens for content distribution networks, where each ticket simultaneously functions as an access credential, a tradeable asset, and a staking instrument with dividend rights.