Satoshi Nakamoto at 50, Bitcoin at Full Power: A Year in Review

Today would people the 50th day of Satoshi Nakamoto—the mysterious fig down Bitcoin. Though nary 1 knows who Nakamoto truly is, the interaction of his invention is intolerable to ignore. From softly dropping a whitepaper successful 2008 to triggering a fiscal revolution, helium (or they) changed the mode we deliberation astir money.

Satoshi claimed to beryllium calved connected April 5, 1975, a day immoderate accidental is much symbolic than random. On the aforesaid time successful 1933, the U.S. authorities banned backstage golden ownership nether Executive Order 6102. Bitcoin, connected the different hand, was built arsenic a decentralized alternate to specified centralized control. Even the protocol’s trouble adjustment—set to recalibrate each 2,016 blocks—feels similar a hidden reference. 2016, reversed, is 6102.

An untouched fortune

Despite creating a trillion-dollar network, Satoshi ne'er touched his stash. It’s believed helium mined implicit 1.09 cardinal BTC successful Bitcoin’s aboriginal days. That wallet—now worthy implicit $91 billion—hasn’t moved since 2010. Some instrumentality it arsenic impervious he’s gone. Others deliberation it’s intentional, to sphere decentralization. Either way, it’s 1 of the astir legendary untouched fortunes successful history.

The Hunt for Satoshi

Over the years, plentifulness of radical person claimed oregon been accused of being Satoshi. Just past year, a UK tribunal ruled that Craig Wright, the astir persistent of them all, was “not the creator of Bitcoin” and had lied nether oath. Then came the HBO doc suggesting Canadian cryptographer Peter Todd, who rapidly denied it. And, of course, the net had its ain theories—Jack Dorsey, Hal Finney, Nick Szabo—but nary person held water. Satoshi remains anonymous, and possibly that’s precisely however it should be.

The connection that started it all

Bitcoin’s archetypal block, the Genesis Block, carries a message: “The Times 03/Jan/2009 Chancellor connected brink of 2nd bailout for banks.” It was a quiescent yet almighty motion to the 2008 fiscal situation and a not-so-subtle critique of however governments handled it. That sentence, buried successful code, told the satellite that Bitcoin wasn’t conscionable software—it was a statement.

Fifteen years later, Bitcoin hasn’t conscionable survived—it’s thriving. Its codification has evolved acknowledgment to a planetary open-source community, but the fundamentals stay the same: decentralization, scarcity, and security. The web present secures implicit $1.6 trillion successful value, and its power goes acold beyond finance.

What’s caller successful Bitcoin successful the past year?

April 20, 2024: The 4th Bitcoin halving

Bitcoin deed block 840,000 connected April 20, cutting mining rewards from 6.25 to 3.125 BTC. It was a large event, with users spending implicit $2.4 cardinal successful fees to get their transactions into that historical block. Despite the hype, Bitcoin’s terms hardly moved, staying astir $64,000—showing however overmuch the marketplace has matured.

May 31, 2024: DMM Bitcoin Hack

Japanese speech DMM Bitcoin suffered a monolithic breach, losing 4,502.9 BTC worthy $306 cardinal astatine the time. The institution announced it would unopen down and transportation accounts to SBI VC Trade by March 2025. 

December 5, 2024: Bitcoin breaks $100K

Bitcoin yet broke the six-figure barrier, crossing $100,000. The propulsion came aft Donald Trump’s re-election, arsenic pro-crypto policies and ETF approvals boosted capitalist confidence. The terms has astir doubled successful the past year.

January 3, 2025: Record-breaking Hashrate

On Bitcoin’s 16th birthday, the network’s hashrate deed implicit 1,000 exahashes per 2nd for the archetypal time. That’s a monolithic leap successful information and computing power, doubling from aboriginal 2024 levels. More miners, much machines, much belief.

March 7, 2025: Trump creates Bitcoin Reserve

President Trump signed an enforcement bid to make a “Strategic Bitcoin Reserve,” stocked with BTC seized successful transgression cases. The program is to clasp it similar integer gold—no selling, conscionable storing. It’s the archetypal clip a large authorities has formalized a Bitcoin stockpile.

March 24, 2025: Strategy crosses 500K Bitcoin

Michael Saylor’s firm, Strategy (formerly MicroStrategy), became the archetypal institution to hold much than fractional a cardinal Bitcoin. As of March 31, the institution holds 528,185 BTC, worthy implicit $43 billion. Their mean bargain terms was $66,608. Corporate condemnation astatine its peak.

March 26, 2025: GameStop joins the Bitcoin club

GameStop announced it would allocate portion of its $4.75 cardinal treasury to Bitcoin. While the institution hasn’t shared nonstop figures yet, the determination marks different motion of mainstream adoption—and different twist successful GameStop’s chaotic story.

Bitcoin’s price is presently astatine $83,493, dropping astir 2% successful 24 hours, with a marketplace headdress of $1.65 trillion and 24-hour trading measurement values astatine $39.94 billion, surging 12.03%.

Satoshi’s individuality whitethorn inactive beryllium unknown, but his imaginativeness is much live than ever. Fifty years aft his expected birth, Bitcoin is nary longer conscionable an experiment—it’s a question that’s inactive gathering momentum.

Also Read: Bitcoin Is ‘Real Money,’ Says Kiyosaki Amid Market Crash