According to the P2P Foundation forum, the mysterious creator of Bitcoin, Satoshi Nakamoto, has ostensibly turned 48 today on April 5, 2023. More than 14 years ago, Nakamoto introduced Bitcoin to the forum members, noting that the inventor “developed a new open-source P2P e-cash system called Bitcoin.”
Just over 14 years ago, Satoshi Nakamoto registered with the P2P Foundation forum to share information about Bitcoin. According to Nakamoto’s P2P Foundation page, the mysterious creator chose a birthday of April 5, 1975. In addition to revealing the birthday date, Nakamoto identified as male and claimed to be from Japan. Other than those sparse details, no additional information about Nakamoto can be gathered from the P2P Foundation forum. If the registered April 5, 1975, birthday is factual, Nakamoto would have turned 48 years old today.
On Wednesday, cryptocurrency proponents discussed the relevance of Nakamoto’s alleged birthday and why Bitcoin’s creator may have chosen that specific date on the Reddit forum r/cryptocurrency. The Redditor who started the discussion explains how many Bitcoiners believe that April 5 was chosen because it was the day U.S. president Franklin D. Roosevelt confiscated gold from Americans and banned its ownership.
Ratified in 1933, Executive Order 6102, signed by FDR, forbade “the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” The ban on gold ownership in the U.S. wasn’t repealed until December 31, 1974. Interestingly, Nakamoto’s birth year followed the repeal by one year. The Redditor u/KAX1107, who published the r/cryptocurrency post, explained:
1975 is the year U.S. citizens were allowed to own and trade gold again, after Nixon unilaterally dissolved the existing Bretton Woods system and canceled the convertibility of the U.S. dollar to gold in 1971, introducing the ‘paper standard.’ Nixon said this measure would be ‘temporary,’ but he lied. 52 years later, here we are.
u/KAX1107 is not the first, nor the only person to believe in the connections between the dates Nakamoto chose. Many other Bitcoin supporters wholeheartedly believe that the date Nakamoto chose was for this very reason. Bitcoin supporters have been celebrating Nakamoto’s alleged birthday for years, and many continue to support the gold confiscation theory. Several theories attached to Nakamoto’s pseudonymous identity have emerged over the years, and it is widely assumed that Bitcoin’s creator left a number of secret Easter eggs in his messages.
After registering with the P2P Foundation forum, Nakamoto used it for one purpose: spreading the message about Bitcoin’s benefits and the latest software. On February 11, 2009, 14 years ago, Nakamoto wrote, “I’ve developed a new open source P2P e-cash system called Bitcoin. It’s completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust. Give it a try, or take a look at the screenshots and design paper.”
What do you think about the theory that Satoshi Nakamoto chose his alleged birthday based on its connection to the U.S. gold ban? Do you believe there is any significance to this coincidence, or is it simply a fun coincidence? Share your thoughts in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.
According to the P2P Foundation forum, the mysterious creator of Bitcoin, Satoshi Nakamoto, has ostensibly turned 48 today on April 5, 2023. More than 14 years ago, Nakamoto introduced Bitcoin to the forum members, noting that the inventor “developed a new open-source P2P e-cash system called Bitcoin.”
Just over 14 years ago, Satoshi Nakamoto registered with the P2P Foundation forum to share information about Bitcoin. According to Nakamoto’s P2P Foundation page, the mysterious creator chose a birthday of April 5, 1975. In addition to revealing the birthday date, Nakamoto identified as male and claimed to be from Japan. Other than those sparse details, no additional information about Nakamoto can be gathered from the P2P Foundation forum. If the registered April 5, 1975, birthday is factual, Nakamoto would have turned 48 years old today.
On Wednesday, cryptocurrency proponents discussed the relevance of Nakamoto’s alleged birthday and why Bitcoin’s creator may have chosen that specific date on the Reddit forum r/cryptocurrency. The Redditor who started the discussion explains how many Bitcoiners believe that April 5 was chosen because it was the day U.S. president Franklin D. Roosevelt confiscated gold from Americans and banned its ownership.
Ratified in 1933, Executive Order 6102, signed by FDR, forbade “the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” The ban on gold ownership in the U.S. wasn’t repealed until December 31, 1974. Interestingly, Nakamoto’s birth year followed the repeal by one year. The Redditor u/KAX1107, who published the r/cryptocurrency post, explained:
1975 is the year U.S. citizens were allowed to own and trade gold again, after Nixon unilaterally dissolved the existing Bretton Woods system and canceled the convertibility of the U.S. dollar to gold in 1971, introducing the ‘paper standard.’ Nixon said this measure would be ‘temporary,’ but he lied. 52 years later, here we are.
u/KAX1107 is not the first, nor the only person to believe in the connections between the dates Nakamoto chose. Many other Bitcoin supporters wholeheartedly believe that the date Nakamoto chose was for this very reason. Bitcoin supporters have been celebrating Nakamoto’s alleged birthday for years, and many continue to support the gold confiscation theory. Several theories attached to Nakamoto’s pseudonymous identity have emerged over the years, and it is widely assumed that Bitcoin’s creator left a number of secret Easter eggs in his messages.
After registering with the P2P Foundation forum, Nakamoto used it for one purpose: spreading the message about Bitcoin’s benefits and the latest software. On February 11, 2009, 14 years ago, Nakamoto wrote, “I’ve developed a new open source P2P e-cash system called Bitcoin. It’s completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust. Give it a try, or take a look at the screenshots and design paper.”
What do you think about the theory that Satoshi Nakamoto chose his alleged birthday based on its connection to the U.S. gold ban? Do you believe there is any significance to this coincidence, or is it simply a fun coincidence? Share your thoughts in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.
Xrp rose for a second consecutive session on Wednesday, as the token continued to move away from a recent price floor. Since hitting an eleven-month high a week ago, the token has mostly consolidated. Avalanche was also in the green, as prices hit a one-week high.
XRP, formerly ripple, was a notable gainer in today’s session, as prices continued to move away from a recent support point.
Following a low of $0.4972 on Tuesday, XRP/USD raced to an intraday high of $0.5256 earlier in today’s session.
This came as bulls continued to move away from a floor at $0.49500, following a breakout earlier in the week.
Looking at the chart, it appears that this took place as the 14-day relative strength index (RSI) bounced from a support of its own at 59.00 .
At the time of writing, the index is tracking at 61.24, with the next visible ceiling at the 63.00 mark.
As a result of this upcoming hurdle, earlier bulls have already moved to liquidate gains, with XRP now trading lower at $0.5137.
Another notable gainer on Tuesday was avalanche (AVAX), which moved to a one-week high.
AVAX/USD moved to a peak at $18.31 earlier in today’s session, after falling to a low of $17.29 the day prior.
The surge saw avalanche climb to its strongest point since March 23, and came following a move beyond a ceiling at $18.00.
Since then, earlier gains have somewhat fallen as a result of the RSI hitting a wall at the 56.00 level.
Price strength is now tracking at 55.63, which has resulted in AVAX once again trading below $18.00.
Register your email here to get weekly price analysis updates sent to your inbox:
Do you expect avalanche to move back above $18.00 this week? Let us know your thoughts in the comments.
Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.
Source From : News