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5 Facts About Bitcoin’s Creator

Nitin Gupta - Market Analysis - April 5, 2025
Satoshi Nakamoto’s 50th Birthday: 5 Facts About Bitcoin’s Creator
Nitin Gupta Founder of LetsTalkWeb3.com, a full fledged media house for everything Web3.…
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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 Nakamoto’s true identity remains unconfirmed, his legacy continues to shape the digital financial landscape. Here are five facts about the elusive Bitcoin architect:

April 5 Wasn’t 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 Nakamoto’s Bitcoin Fortune Remains Untouched

Satoshi’s 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 wallet’s inactivity, CoinJoin transactions are regularly sent to its address. Some view this as an act of homage or a method of obfuscation.

Satoshi Nakamoto’s 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 internet’s most persistent mystery.

The Genesis Block’s Silent Message

Embedded in Bitcoin’s 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 Nakamoto’s only public statements beyond technical documentation.

bitcoin genesis block
Bitcoin Genesis Block. Source: Wikipedia

Bitcoin’s Design Still Holds

Fifteen years after its launch, Bitcoin remains secure and deflationary by design. Nakamoto’s 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

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.



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bitcoin
Bitcoin (BTC) $ 109,170.25
ethereum
Ethereum (ETH) $ 2,569.41
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.36
bnb
BNB (BNB) $ 669.36
solana
Solana (SOL) $ 180.60
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.235508
cardano
Cardano (ADA) $ 0.778977
tron
TRON (TRX) $ 0.270276