How did the Hungarian Revolution of 1956 birth Bitcoin and Ethereum? 23. 10. 2019. Bit gold was never realized in practice because no one implemented it. However, the anonymous creator of Bitcoin, Satoshi Nakamoto, transferred many ideas from it into his own invention. Some think it is because Satoshi and Szabo are the same person. Read more about How did the Hungarian Revolution of 1956 birth Bitcoin and Ethereum?