Happy 50th Birthday, Satoshi Nakamoto: Celebrating the Bitcoin Creator’s Iconic Birth Date

Today marks the occasion that crypto enthusiasts celebrate as Satoshi Nakamoto’s 50th birthday, based on the birth date he registered on his P2P Foundation profile—a nonprofit organization focused on promoting P2P solutions.

According to his profile, Satoshi was born on April 5, 1975. Of course, this date remains as unverified as much of the lore surrounding the Satoshi narrative—a date that many crypto historians find symbolically significant.

On April 5, 1933—an infamous day for advocates of monetary freedom—U.S. President Franklin Roosevelt signed Executive Order 6102, mandating all Americans to turn in their gold coins, bullion, and certificates to the Federal Reserve.

This was part of Roosevelt’s New Deal initiatives aimed at addressing the Great Depression and sought to remove gold from circulation. To compound matters, many forms of gold ownership were rendered illegal in the following year with the enactment of the Gold Reserve Act.

This prohibition remained until December 31, 1974, when U.S. Congress enacted legislation restoring the right to own gold privately. So, we pinpoint 1975. Get it? April 5, 1975.

The April 5 date coincides with the anniversary of that pivotal order, implying that Nakamoto’s selection of a birth date symbolized a stand for monetary freedom.

Before disappearing, the individual or group behind Nakamoto developed Bitcoin by addressing the double-spending dilemma that plagued previous digital currency initiatives. He published the Bitcoin white paper on October 31, 2008, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” which laid the foundation for blockchain technology and the entire cryptocurrency landscape.

Bitcoin wallets linked to Nakamoto are estimated to hold between 600,000 and 1 million BTC, valued at billions. These coins have remained untouched since his disappearance, adding to the allure of a creator who stepped away from immense fortune and recognition.

Each year, the Bitcoin community commemorates Nakamoto’s birthday, whether or not April 5, 1975, signifies an actual birth date or merely alludes to historical monetary events. The celebration has woven itself into the fabric of Bitcoin culture, serving as a reminder of the enduring influence of the pseudonymous founder on finance and technology.