How Can Satoshi Nakamoto Have a Birthday? The Significance of April 5

, has always remained anonymous, and so you may rightfully wonder how people can celebrate the founder's birthday. The answer is that Nakamoto entered their birthday as April 5 at the time he, she or they registered the famous pseudonym withGiven that the name was fake, people suspect the birthday is made up, too. But they have also noticed that April 5 is a very significant date in U.S. monetary history: It is the anniversary of.

The order required Americans to hand over any significant amount of gold to the Federal Reserve in exchange for dollars. FDR then devalued those dollars to make it easier to repay the huge debt that had built up during the Great Depression. While that may have helped the country to escape a difficult situation, some have seen Executive Order 6102 as a challenge to the liberty of individuals to preserve their wealth in the form of gold.picked April 5 as their birthday for that reason, but we do know that Bitcoin’s creator was interested in monetary history and concerned about the power of individuals to preserve their wealth and keep it safe from state intervention. It remains a core motivator of Bitcoin’s supporters to this day.

In another likely allusion to the history of U.S. private gold ownership, Satoshi listed their birth year as 1975. On the final day of 1974, President Gerald Ford's reversal of Executive Order 6102 went into effect, making it legal to own as much gold as you wanted as the revelers rang in the new year of 1975.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.

Source: Digital Coin News (digitalcoinnews.net)

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