According to U.Today, sixteen years ago today, pseudonymous Bitcoin creator Satoshi Nakamoto took a pivotal step in the development of what would become the world’s first decentralized cryptocurrency — Bitcoin. On August 18, 2008, Satoshi registered the domain Bitcoin.org, marking the beginning of a financial revolution across the globe. Bitcoin historian Pete Rizzo highlighted this landmark moment, noting that the domain has since hosted Satoshi's free code, serving as a beacon of financial freedom for millions worldwide.

This Bitcoin.org domain later became the central hub for Satoshi Nakamoto’s groundbreaking whitepaper, "Bitcoin: A Peer-to-Peer Electronic Cash System," which was released in October 2008. While Bitcoin was officially launched in January 2009, Satoshi Nakamoto laid the groundwork for the blockchain-based payment system in the 2008 paper. Rizzo emphasized that the Bitcoin.org website remains a crucial resource, allowing anyone with an internet connection to access and contribute to the Bitcoin network. This open-source approach has been fundamental to Bitcoin's growth and adoption.

Satoshi Nakamoto's innovation has remarkably made giant strides over the years, yet the true identity of the Bitcoin creator remains one of the greatest mysteries in the world of technology and finance. Some speculations suggest Nakamoto might be multiple individuals, although this remains unknown. The FBI has stated that Satoshi could be "one or more third-party individuals," adding that it can neither confirm nor deny their existence in response to inquiries from Dave Troy, a prominent tech researcher.