HomeinetWhat does Satoshi Nakamoto's birth date mean?

What does Satoshi Nakamoto's birth date mean?

Satoshi Nakamoto, the mysterious founder of Bitcoin, was reportedly born on April 5, 1975, according to an online profile of his. So if the person is real, he would be in his 41st year of age. Gold Satoshi Nakamoto

The latest story with Mr. Wright claiming to be Nakamoto was shot down as quickly by cryptographers in the online community as it was published, exposing major news outlets.

But let's see what the "birth" date of Satoshi Nakamoto hides, since we don't know who he is, we could say that his birth date may also be trying to mislead us.

In fact, this date seems to have a hidden meaning, according to Dominic Frisby, the author of “Bitcoin: The Future of Money,” who tells CoinDesk:

“For those who study, April 5th was one of the most important dates in history. On that day in 1933, President Franklin D. Roosevelt signed Executive Order 6102, which stated that it was illegal for American citizens to own gold.”

Roosevelt then confiscated all Americans' gold and gave them dollars in exchange. But he devalued the dollar by about 40 percent, raising the price of gold from $20 to $35. He did this to devalue the US debt and try to manage the Great Depression, but some argue that Roosevelt stole 40% of all American money.

Some consider this move to be one of the most unconstitutional acts ever committed, so it wouldn't be surprising if Nakamoto made the link to reference bitcoin's libertarian ideas.

The second part of Satoshi Nakamoto's birth date – the year 1975 – is also very significant, as it refers to the year that it became legal for American citizens to own gold again.

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