Bitcoin prices are trading slightly up in the past 24 hours. On BTC-E,
the day opened at $447. After a slow session with a range of only $16,
btc prices are now trading bit higher at $455.The quiet weekend saw no major bitcoin related news released. Bitcoiners spent their time speculating on the true identity of bitcoin creator Satoshi Nakamoto (AGAIN). Satoshi used the 5th of April 1975 as his fake birthday when he signed up for the P2P Foundation. P2P requires a birthdate for signups and displays the age calculated from that birthdate.
What makes the 5th April date interesting is that on this day 81 years ago U.S. President Franklin D. Roosevelt signed executive order 6102 ‘’forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates’’ by U.S. citizens. The action was followed later on with the forced confiscation of Gold held by Americans. The year Nakamoto used for his birthday (1975) also has historical significance as this was the first time after the 1933 ban that Americans were again allowed to own Gold.
Like usual, redditors took the investigation one step further, or one step too far, depending on how you look at it. User Dave_Aiello noted that Nick Szabo, creator of ‘’ Bit Gold’’, posted the following comment in reply to a blog post:
‘’Roosevelt’s executive order was a culmination of the central bank gold hording war that greatly contributed to the Depression in the first place. Ironically, the order accused its victims of ‘’hording’’. The Federal Reserve “won” the hording war and most other central banks went off gold altogether.’’
Bit Gold is regarded by some as a direct precursor to the Bitcoin architecture. This, along with Szabo’s previous research in digital contracts and digital currency have led many to pin him as the original creator of Bitcoin, the mysterious Satoshi Nakamoto.
No comments:
Post a Comment