According to the P2P Foundation forum, the mysterious creator of Bitcoin, Satoshi Nakamoto, ostensibly turned 48 today on April 5, 2023. Over 14 years ago, Nakamoto introduced Bitcoin to forum members, noting that the inventor “has developed a new open -P2P electronic payment system called Bitcoin.
The significance of April 5 in the history of the US 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 as male and claimed to be from Japan. Apart from these rare details, no additional information about Nakamoto can be collected on the P2P Foundation forum. If the birthday recorded on April 5, 1975 is factual, Nakamoto would have turned 48 today.
On Wednesday, cryptocurrency supporters discussed the relevance of Nakamoto’s alleged birthday and why the creator of Bitcoin may have chosen this specific date on the Reddit forum r/cryptocurrency. The Redditor who started the discussion explains how many Bitcoiners think April 5 was chosen because it was the day US President Franklin D. Roosevelt confiscated gold from Americans and banned its ownership.
Ratified in 1933, Executive Order 6102, signed by FDR, prohibited “the hoarding of gold coins, gold bullion, and gold certificates within the continental United States”. The ban on owning gold in the United States was not repealed until December 31, 1974. Interestingly, Nakamoto’s birth year followed the repeal by one year. Redditor u/KAX1107, who published the post r/cryptocurrency, explained:
1975 was the year American citizens were again allowed to own and trade gold, 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 this measure would be ‘temporary‘, but he lied. 52 years later, Here we are.
u/KAX1107 is not the first or the only person to believe in the links between the dates chosen by Nakamoto. Many other bitcoin supporters believe wholeheartedly that the date chosen by Nakamoto was precisely for this reason. Bitcoin supporters celebrated 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’s widely believed that the Bitcoin creator left a number of secret Easter eggs in his posts.
After registering on the P2P Foundation forum, Nakamoto used it for one purpose: to spread the message about the benefits of Bitcoin and the latest software. On February 11, 2009, 14 years ago, Nakamoto writing, “I developed a new open source P2P electronic payment system called Bitcoin. It is completely decentralized, with no central server or trusted parties, as everything is based on cryptographic proof instead of trust. Try it or take a look at the screenshots and design document.
What do you think of the theory that Satoshi Nakamoto chose his alleged birthday based on his connection to the US gold ban? Do you believe this coincidence has any meaning or is it just a funny coincidence? Share your thoughts in the comments section below.
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