Bitcoin’s Legendary Maker(s), Satoshi Nakamoto, Birthday Is Today, Making Him, Her Or Them 44!
Satoshi Nakamoto’s Self-Proclaimed Birthday Is Today, Making Him 44!
Satoshi Nakamoto, as most people know, is the inventor of bitcoin, though everyone knows the name is a pseudonym. According to the information that Satoshi has put out there, it looks like today is his birthday. Still, considering that everything that is known about Satoshi tends to be symbolic, this birthday is more of the same.
Both Satoshi and Nakamoto are common names in Japan, acting both as first or last names. In that way, a post from TrustNodes suggests that the name alone symbolizes that “the inventor is all of us.” Still, it cannot be overlooked that creating currency is technically illegal, so the creation of Bitcoin would not be any exception, along with any altcoin that followed it.
Nowadays, cryptocurrency is just a known concept, but it is likely that Nakamoto was nervous back in December 2010 after Wikileaks decided to accept Bitcoin. There was a major risk of legal action from the government at that time. At the time, there was a lot of resistance against the Iraq war, as more technically inclined people used groups like Anonymous (formerly LulZec) to express their anger in chaotic but peaceful revolt.
At the time, the monetary and banking system was collapsing, countries were going bankrupt, and the world’s economies were struggling. The government did not want any dissent vocalized, so they smeared, silenced, and separated anyone that appeared to disrupt the idea that everything was fine. Bitcoin was even declared dead in 2011, which we now know was not true.
By 2013, students, millennials, and other tech-savvy individuals revived Bitcoin, but Nakamoto stayed hidden away. Some people wonder if he died or even if he existed at all. Realistically, based on what the public knows about Nakamoto, it probably isn’t really his birthday, and he probably isn’t even in his 40s. Multiple publications have suggested that he was a student when he created Bitcoin, putting him in possibly his early 30s right now.
Still, April 5th still holds significance. In 1933, the executive branch of the government seized gold through an order, deeming it illegal to hold onto with few exceptions. On the same day, but 42 years later, the order was redacted. The date went from being the anniversary of losing something to gaining freedom, which could be why Nakamoto picked it for his own birthday.
Bitcoin arose as the solution to the collapse of the market, which everyone needed at the time. It gave hope, stimulated innovation, and came with plenty of controversies. These three ingredients tend to be a recipe for greatness for millennials, though the rest of the world appears to be catching on as well now.