Here's what Niklaus Wirth (Pascal, Modula-2, Oberon) said about using the equal sign for assignment:
> A notorious example for a bad idea was the choice of the equal sign to denote assignment. It goes back to Fortran in 1957 and has blindly been copied by armies of language designers. Why is it a bad idea? Because it overthrows a century old tradition to let “=” denote a comparison for equality, a predicate which is either true or false. But Fortran made it to mean assignment, the enforcing of equality. In this case, the operands are on unequal footing: The left operand (a variable) is to be made equal to the right operand (an expression). x = y does not mean the same thing as y = x. Algol corrected this mistake by the simple solution: Let assignment be denoted by “:=”.
> Perhaps this may appear as nitpicking to programmers who got used to the equal sign meaning assignment. But mixing up assignment and comparison is a truly bad idea, because it requires that another symbol be used for what traditionally was expressed by the equal sign. Comparison for equality became denoted by the two characters “==” (first in C). This is a consequence of the ugly kind, and it gave rise to similar bad ideas using “++”, “--“, “&&” etc.
From Good ideas, through the Looking Glass by N. Wirth:
https://www.semanticscholar.org/paper/Good-Ideas%2C-through-...