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Satoshi Nakamoto‘s 50th Birthday: 5 Facts About Bitcoin’s Creator

Satoshi Nakamoto‘s 50th Birthday: 5 Facts About Bitcoin’s Creator WikiBit 2025-04-05 12:25

April 5, 2025, marks what would be the 50th birthday of Satoshi Nakamoto—the pseudonymous creator of

April 5, 2025, marks what would be the 50th birthday of Satoshi Nakamoto—the pseudonymous creator of Bitcoin. This alleged birthday is based on the date listed in his P2P Foundation profile.

While Nakamotos true identity remains unconfirmed, his legacy continues to shape the digital financial landscape. Here are five facts about the elusive Bitcoin architect:

April 5 Wasnt Random

Nakamoto listed April 5, 1975, as his birthday—exactly 42 years after the US government banned private gold ownership under Executive Order 6102 on April 5, 1933, to stabilize the dollar.

Bitcoin, by contrast, was designed to be a decentralized, deflationary alternative to fiat currency. Notably, BTC difficulty adjustment happens every 2016 block—2016 being 6102 in reverse.

Satoshi Nakamotos Bitcoin Fortune Remains Untouched

Satoshis wallet, believed to hold 1.096 million BTC, has remained untouched since early 2010. Over the past decade, its value has risen more than 333-fold, now exceeding $91 billion.

Despite the wallets inactivity, CoinJoin transactions are regularly sent to its address. Some view this as an act of homage or a method of obfuscation.

Satoshi Nakamotos Bitcoin Holdings. Source: Arkham

Still No Definitive Identity

In March 2024, a UK court ruled that Australian computer scientist Craig Wright is not Satoshi, calling his claims “deliberately false.”

An October 2024 HBO documentary controversially pointed to Canadian developer Peter Todd, who strongly denied any connection.

More recently, internet theories have speculated on Jack Dorsey‘s possible ties, though no evidence supports the claim. Nakamoto’s identity remains the internets most persistent mystery.

The Genesis Blocks Silent Message

Embedded in Bitcoins first block is the headline: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” The line is from a UK newspaper.

It is seen as a critique of centralized monetary policy and remains one of Nakamotos only public statements beyond technical documentation.

Bitcoin Genesis Block. Source: Wikipedia

Bitcoins Design Still Holds

Fifteen years after its launch, Bitcoin remains secure and deflationary by design. Nakamotos codebase, while modified and improved by the open-source community, still forms the foundation of the network, securing over $1.6 trillion in value.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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