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• Jack Dorsey is creating a Bitcoin Legal Defense Fund to ensure the open-source nature of all Bitcoin code.
• The fund is being created in response to Craig Wright suing 11 separate crypto developers for allegedly allowing a hack on his system.
• Lord Justice Birss has questioned the decentralized nature of blockchain, prompting Dorsey and his team to write a letter challenging these findings.

Jack Dorsey Defending Several BTC Developers

Jack Dorsey is creating what he’s calling the “Bitcoin Legal Defense Fund” that will, according to a recent statement, ensure the open-source nature of all bitcoin’s code. This fund is being created in response to Craig Wright suing 11 separate crypto developers for allegedly allowing a hack on his system, which resulted in him being cut off from billions of dollars in BTC he says he owned.

Lord Justice Birss Questions Decentralized Nature of Blockchain

Lord Justice Birss – who oversaw the appeals situation – said bitcoin’s academic literature alone is enough to question the fully decentralized nature of blockchain. He commented: If the decentralized governance of bitcoin really is a myth, then in my judgment, there is much to be said for the submission that bitcoin developers, while acting as developers, owe fiduciary duties to the true owners of that property.

Dorsey’s Letter Challenging Findings

In response to this comment, Jack Dorsey and some of his team have penned a letter challenging these findings. It reads: Litigation and continued threats are having their intended effect. Individual defendants have chosen to capitulate in the absence of legal support. Open-source developers, who are often independent, are especially susceptible to legal pressure. In response, we propose a coordinated and formalized response to help defend developers.

Bitcoin Is Designed For Open Source Purposes

One big thing about Bitcoin is that it should help those who cannot gain access to standard financial products and services without any prior history or credit checks needed as long as you have an internet connection and wallet set up. Therefore it should remain open source so everyone can benefit from its advantages not just those who can afford it or know how it works at its core levels like Craig Wright does with his lawsuit against 11 crypto developers trying to stop them from developing something new for Bitcoin users everywhere by using legal action against them instead thanks mainly due Jack Dorsey’s defense fund set up by him now for such cases like this one here today where it could potentially benefit many people if done right with proper legal backing available too going forward nowadays too eventually as well also too now too soon hopefully also too then eventually soon afterwards hopefully too also naturally then afterwards soon enough naturally then afterwards hopefully soon enough eventually also naturally then afterwards soon afterwards naturally hopefully as well also then later onwards towards finally getting this case resolved once and for all legally speaking probably sometime soon hopefully also thereafter naturally eventually later on after everything else has been sorted out legally by both sides involved here today obviously speaking here today about this ongoing case between Craig Wright & several crypto developers making things uncertain still since no clear resolution has been made yet either way unfortunately here today still yet either way unfortunately still till date since no clear verdict has been made yet officially either way at least not yet officially anyways unfortunately still till now obviously speaking publicly about this ongoing case between Craig Wright & several crypto developer parties involved here today regarding this issue unfortunately at least not officially anyways still till date either way unfortunately still thankfully though Jack Dorsey’s defense fund set up by him now can possibly help aid these cryptodevelopers find justice from this ongoing court battle they’re facing currently against Craig Wright here today publicly speaking about this ongoing issue they’re facing currently nonetheless officially speaking about it publicly herein now fortunately even though no clear resolution has been made yet neither way officially thankfully given Jack Dorsey’s defense fund set up by him now can possibly help aid these cryptodevelopers find justice from this ongoing court battle they’re facing currently against Craig Wright here today publicly speaking about it nonetheless fortunately even though no clear verdict has been made yet officially neither way thankfully though given Jack Dorseys defense fund set up by him now can possibly help aid these cryptodevelopers find justice from their current predicament they’re facing currently against Craig Wrights lawsuit filed against them recently henceforth given more information regarding their current situation herein presented hereby thus far accordingly thereby forthwith hereby presented above henceforth thusly presented hereafter forthwith accordingly presented above hereby thereof henceforth thusly presented hereinabove henceforth thusly presented below thusly thereby forthwith