Welcome to the Friday edition of Bitcoin in Brief. The fourth instalment of this new feature from news.Bitcoin.com is the most eclectic yet, encompassing everything from Satoshi Nakamoto’s faux birthday to juicy snippets from the Tezos lawsuit. According to court documents, the project’s co-founder, Kathleen Breitman is a “one woman band”.
Also read: Bitcoin in Brief Thursday: Busted in Bangkok
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Happy Birthday Satoshi Wherever You Are
On Thursday, bitcoin’s pseudonymous creator was sent birthday greetings from all corners of the cryptosphere. The DOB Satoshi Nakamoto entered on his Bitcointalk forum profile is almost certainly not his true birthday. Nevertheless, April 5 now rivals January 3, when the genesis block was mined in 2009, as unofficial Satoshi Day.
It has been suggested that Satoshi chose this date because on April 5 1933 President Roosevelt signed an executive order “forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States”. Saving gold was henceforth a crime punishable with a $10,000 fine ($200k today) and upto 10 years in jail. Then again, perhaps people are reading too much into all this. For what it’s worth, if his Bitcointalk DOB was correct, Satoshi would be 43.
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Good News and Bad News for Tezos
This week Tezos eased closer to launching its mainnet, which is scheduled for Q3 of this year. That’s the good news. Meanwhile, juicy details have been emerging about the class action complaint filed against Tezos. That’s the bad news as far as Kathleen Breitman and husband Arthur are concerned. The plaintiffs are seeking their bitcoin and ethereum back plus monetary damages to cover the shortfall in the assets’ subsequent appreciation.
In particular,
