Bitcoin uses acleverscheme to maintain a fully decentralized transaction register, preventing double-spending without giving anyone de facto control over the system.
He was too young to get any loans, so he came up with acleverscheme to raise money, getting sponsors to pay for him to race his car from Singapore to Bangkok.
Having failed to do so he reversed course in 2008 and came up with acleverscheme in which he, along with China Netcom, PCCW's second-largest shareholder, would take the company private, buying out the other shareholders for slightly less than he would receive from the company in a special dividend issued after the deal's completion.