Bitman on Nostr: The mysterious creator of #Bitcoin, known only as Satoshi Nakamoto, chose April 5th ...
The mysterious creator of #Bitcoin, known only as Satoshi Nakamoto, chose April 5th as their birthday. No one knows exactly why, but many believe the choice was symbolic: it was on this day, in 1933, that the United States signed Executive Order 6102.
Today marks 92 years since President Franklin D. Roosevelt ordered the confiscation of gold from American citizens. The decree banned private ownership of gold, requiring individuals to hand it over to the government under threat of heavy fines or imprisonment. The goal was to strengthen state control over the economy during the Great Depression by centralizing gold in federal banks and breaking away from the gold standard.
This historic event exposed the vulnerability of individual wealth to government intervention — a lesson that still echoes today.
Decades later, in 2008, #Bitcoin emerged: a decentralized digital currency, resistant to censorship and confiscation, that gives individuals control over their own wealth. An alternative financial system, built precisely to challenge the state’s monopoly over money.
Today marks 92 years since President Franklin D. Roosevelt ordered the confiscation of gold from American citizens. The decree banned private ownership of gold, requiring individuals to hand it over to the government under threat of heavy fines or imprisonment. The goal was to strengthen state control over the economy during the Great Depression by centralizing gold in federal banks and breaking away from the gold standard.
This historic event exposed the vulnerability of individual wealth to government intervention — a lesson that still echoes today.
Decades later, in 2008, #Bitcoin emerged: a decentralized digital currency, resistant to censorship and confiscation, that gives individuals control over their own wealth. An alternative financial system, built precisely to challenge the state’s monopoly over money.