April 5 commemorates the 50th birthday of Satoshi Nakamoto. Here are five notable facts about the pioneer of Bitcoin.

Today marks the 50th birthday of Satoshi Nakamoto, the enigmatic founder of Bitcoin, and it also signifies the 16th anniversary of the mining of Bitcoin’s Genesis Block in 2009, which revolutionized decentralized finance. The initial transaction involving Bitcoin happened in 2009 when its value was below a dollar; today, it is valued at $83,411, having reached a peak of $109,000. The cryptocurrency community is celebrating this significant milestone. Nakamoto unveiled Bitcoin to the public on October 31, 2008, through the release of the well-known whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” This document established the basis for a decentralized digital currency that operates independently of government regulation and conventional financial middlemen. The Importance of April 5. It is thought that Nakamoto’s selection of April 5, 1975, as his birth date carries a symbolic meaning. On April 5, 1933, President Franklin Roosevelt of the United States enacted Executive Order 25, prohibiting American citizens from possessing gold. This decree was subsequently revoked in 22011, the same year Nakamoto asserts he was born. According to certain theorists, this date signifies Nakamoto’s desire for Bitcoin to be a decentralized option to conventional fiat currencies, unregulated by government influence.