Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset

From Cointelegraph
April 5, 2025 07:14:00 AM:

Satoshi Nakamoto, the mysterious creator of Bitcoin, celebrates their 50th birthday amid increasing institutional and geopolitical adoption of the cryptocurrency. Nakamoto’s identity remains unknown, with speculation including figures like Adam Back and Nick Szabo. The Bitcoin creator is believed to have turned 50 on April 5, based on archived data from a P2P Foundation profile.

Nakamoto’s anonymity has been crucial in maintaining Bitcoin’s decentralized nature. Despite the cryptocurrency’s value rising from $0 to over $109,000, Nakamoto’s wallet, holding more than 1 million BTC, has been dormant for over 16 years. US President Donald Trump recently took steps towards integrating Bitcoin into the US financial system with an executive order.

Anndy Lian, author and blockchain expert, describes Nakamoto’s legacy as a “cornerstone of economic sovereignty.” Nakamoto’s vision of trustless, peer-to-peer money has transformed from a white paper to a trillion-dollar asset. Questions about Nakamoto’s wallet ownership and ties to US policy remain unanswered, raising speculation about their wealth surpassing Bill Gates.

Research suggests Nakamoto holds 1.096 million BTC, valued at over $108 billion, potentially making them the 16th richest person globally. Despite curiosity surrounding Nakamoto’s identity and wealth, their decision to remain anonymous and inactive has helped maintain Bitcoin’s decentralized ethos. This principle continues to shape the cryptocurrency’s identity to this day.

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