I can't make this any clearer.
Can't make what any clearer? Your steadfast dedication to a tangential sideshow? Anything to take attention off the fact that your dev is a fraudulent con artist?
You know what takes precedence over interpretations of adherence to a white paper, at least in the minds of users of digitally-based financial products (as spoken by market demand)?
That the administrator of the system not be a giant fraud.