According to the P2P Foundation forum, the mysterious creator of Bitcoin, Satoshi Nakamoto, apparently turned 48 today, April 5, 2023. More than 14 years ago, Nakamoto introduced Bitcoin to forum members, noting that the inventor “developed a new open system. -Source of the P2P electronic cash system called Bitcoin”.
The significance of April 5 in the history of the American monetary system and its connection to the creator of Bitcoin
A little over 14 years ago, Satoshi Nakamoto registered on the P2P Foundation forum to share information about Bitcoin. According Nakamoto P2P Foundation Page, the mysterious creator chose a birthday of April 5, 1975. In addition to revealing the birthday, Nakamoto identified himself as male and claimed to be from Japan. Other than those scant details, no additional information about Nakamoto can be gleaned from the P2P Foundation forum. If the recorded birthday of April 5, 1975 is a fact, Nakamoto would have turned 48 today.
On Wednesday, cryptocurrency advocates discussed the relevance Nakamoto’s supposed birthday and why the creator of Bitcoin may have chosen that specific date on the Reddit r/cryptocurrency forum. The Reddit user who started the discussion explains how many Bitcoin users believe April 5th was chosen because it was the day US President Franklin D. Roosevelt confiscated gold from Americans and banned its use. property.
Ratified in 1933, Executive Order 6102, signed by FDR, prohibited “the hoarding of gold coins, gold bars, and gold certificates within the continental United States.” The ban on owning gold in the US was not repealed until December 31, 1974. Interestingly, Nakamoto’s birth year followed the repeal by a year. Reddit user u/KAX1107, who posted the r/cryptocurrency post, explained:
1975 is the year that US citizens were allowed to own and trade gold again, after Nixon unilaterally dissolved the existing Bretton Woods system and canceled the convertibility of the US dollar into gold in 1971, introducing the “paper standard”. Nixon said that 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 that Nakamoto chose. Many other Bitcoin supporters believe wholeheartedly that the date that Nakamoto chose was for this very reason. Bitcoin supporters have been celebrating Nakamoto’s supposed birthday during years, and many continue to support the gold confiscation theory. Various theories have emerged over the years linked to Nakamoto’s pseudonymous identity, and it is widely assumed that the Bitcoin creator left a series of secret Easter eggs in his messages.
After signing up to the P2P Foundation forum, Nakamoto used it for one purpose: to spread the word about the benefits of Bitcoin and the latest software. On February 11, 2009, 14 years ago, Nakamoto wrote, “I developed a new open source P2P electronic cash system called Bitcoin. It is completely decentralized, with no central server or trusted parties, because everything is based on cryptographic proofs rather than 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 supposed birthday based on its connection to the US gold ban? Do you think this coincidence has any meaning or is it just a funny coincidence? Share your thoughts in the comments section below.
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