Celebrating 50 Years of Satoshi: The Elusive Genius Behind Bitcoin’s Rise Against the Dollar

Updated
April 7, 2025

Jakarta, Pintu News – On April 5, 2025, the world marks the 50th birthday of Satoshi Nakamoto, the creator of Bitcoin (BTC), whose identity remains a mystery. However, Bitcoin’s impact on the global financial system cannot be ignored.

This year, Bitcoin gained further institutional and geopolitical support, reinforcing Nakamoto’s vision of decentralization.

Check out the full news below!

History and Significance of Nakamoto’s Birth Date

April 5, Satoshi Nakamoto’s birthday, has a historical connection to the American monetary system. On the same date in 1933, President Roosevelt signed Executive Order 6102 requiring Americans to turn over their gold to the Federal Reserve.

This decision reflects a major shift in the control of money, a concept that Bitcoin seeks to change. Bitcoin, which is not controlled by a central authority and has a limited amount, offers a solution to some of the problems faced by traditional currencies printed by central banks.

Nakamoto’s birth date coinciding with these important events may not be a coincidence, given that both events relate to monetary freedom and the US government’s control of money. With Bitcoin rising in popularity in 2025, the cryptocurrency is seen as a direct response to the centralized financial system.

Also read: Bitcoin Bull Market is Over? Here’s CryptoQuant CEO’s Explanation!

Increased Institutional Support

Bitcoin is now considered a speculation tool, a store of value, and an inflation hedge. Major investors such as Michael Saylor, CEO of MicroStrategy, have become aggressive supporters of Bitcoin. His company now owns more than 500,000 BTC worth several billion US dollars.

Saylor even stated that Bitcoin is a better long-term store of value than the US dollar. In addition, BlackRock CEO Larry Fink mentioned in his letter that Bitcoin could be a competitor to the US dollar, given the country’s high levels of debt and inflation.

Also read: 3 Cryptos that Catch Investors’ Attention in Early April 2025!

Bitcoin’s Impact on Financial Markets and Kiyosaki’s Warning

The increasing use and demand for Bitcoin (BTC) have caught the attention of many financial analysts and investors. Robert Kiyosaki, author of the book “Rich Dad Poor Dad”, recently expressed his concern that the conventional monetary system might collapse.

Kiyosaki, who supports using gold and silver as a hedge against an uncertain economy, also sees Bitcoin as a similar asset. Kiyosaki believes that the US Federal Reserve will print money in vast quantities, making inflation and a decline in the dollar value inevitable.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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