Satoshi Nakamoto Could Be 48, Birth Date of Anonymous BTC Creator Believed to Be Hint for Historical Event

The crypto community has come to believe that Nakamoto turned 48 years old, earlier this week on April 5.

Satoshi Nakamoto Could Be 48, Birth Date of Anonymous BTC Creator Believed to Be Hint for Historical Event

Photo Credit: Twitter/ @CyrilObieze

While some believe Nakamoto is a person, others suspect that BTC was founded by a group

Highlights
  • Details about Nakamoto’s whereabouts remain unknown
  • Nakamoto bid farewell to crypto space in 2011
  • A statue of Nakamoto with vague detailing has been erected in Hungary
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Not much is known about Satoshi Nakamoto, the anonymous founder of Bitcoin. While some suspect Nakamoto could be an individual, others have their theories about ‘Satoshi Nakamoto' being a group of people who collectively came up with the idea of Bitcoin. While the mystery behind this ‘entity' continues to intrigue people, the crypto community has come to believe that Nakamoto turned 48 years old, earlier this week on April 5.

The age of Nakamoto increased by one year on the P2P Foundation profile page dedicated to the BTC creator on April 5. The page also describes Nakamoto as a male, based in Japan.

The P2P Foundation is an international organisation that tracks and documents peer to peer practices with a pool of resources. Users of the P2P Foundation forum are required to enter their birthdates when they join, according to which Nakamoto's birth year is 1975.

While it's unclear if this information is accurate or not, it did catch the attention of the members of the crypto community.

Several people did however point out, that Nakamoto's P2P Foundation-registered birthdate could have a satirical hint towards a controversial historical event.

On April 5, 1933, the US government under President Franklin Roosevelt had started taking the country off the gold standard. At the time, an executive order was issued for all US nationals to return gold coins and gold certificates worth more than $100 (roughly Rs. 8,195) to the Federal Reserve.

Nakamoto's intention behind creating Bitcoin was to oppose exactly this kind of financial monopoly that lies in the hands of the governments around the world. Nakamoto published the whitepaper on Bitcoin on October 31, 2008.

In 2011, the mysterious Bitcoin inventor bid a farewell to the crypto space and apparently ‘moved on to different things'.

While the enigma around Nakamoto's identity remains intact, people keep trying to figure out details around him.

In September 2021, Satoshi Nakamoto's first statue was unveiled in Budapest, Hungary. The bronze statue is the bust of a person wearing a hoodie that has the Bitcoin (BTC) logo engraved on it.

The face of this statue has been sculpted with vague features to represent Satoshi Nakamoto's anonymity.


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Radhika Parashar
Radhika Parashar is a senior correspondent for Gadgets 360. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. For tips or queries you could reach out to her at RadhikaP@ndtv.com. More
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