Today is the 50th birthday of Satoshi Nakamoto, a mysterious inventor of Bitcoin. After this time, no one has no clue to who he is. But his creation, Bitcoin, revolutionized in a big way in the financial world.
Bitcoin, introduced in 2009, has developed into one of the most popular digital currencies in technology tests. Distributed essences have raised serious discussions about the future of money, and traditional banking will be useless someday.
Satoshi Nakamoto: Why April 5 is important
According to his old P2P Foundation Profile, the birthday of Nakamoto Satoshi is April 5, 1975, which is more symbolic than the real truth. Why is April 5 noticeable? It is the same day that President Franklin D. Rouge Belt signed an administrative order 6102 in 1933 to surrender the government to the government.
At that moment, the financial power from the individual to the state was greatly transferred. Many believe that Nakamoto has intentionally chose this date.
Bitcoin seems to be in contrast to the level of control. It is distributed and its own supply is limited to 21 million coins. Many think Satoshi has chosen as a gesture for financial freedom on April 5th.
The big name is now supporting Bitcoin.
Bitcoin is no longer for technical lovers. Large companies and institutions are currently joining the evil bogie. For example, the strategy (formerly fine straight) owns more than 500,000 Bitcoin and is billions of dollars. Michael Saylor, the chairman and co -founder of the strategy, was a powerful supporter who referred to Bitcoin as a “safer and more powerful store” than the US dollar.
Source: Gemini Imagen
Even BLACKROCK, the world’s largest asset manager, is also interested. Larry Fink said Bitcoin could compete with the dollar. He cited US debt and inflation increase because more people could flock to Bitcoin.
A fence of uncertain time
As inflationary concerns increase, more and more people are switching to Bitcoin as a means of protecting funds. Bitcoin is limited, unlike traditional currencies that the government can print without restrictions. This has been compared to gold.
Will Bitcoin replace the dollar?
Bitcoin is grateful for its value and popularity, just like the mystery surrounding Nakamoto Satoshi.
Some people think that they can drive the US dollar into the world’s choice. Still, it is still a huge “probably”. But if Bitcoin’s supporters insist on decentralized and inherent tribes, it’s a serious competitor to be a long -term player in the financial world.
Gemini Imagen’s main image, TradingView chart
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