First-ever statue of anonymous Bitcoin creator Satoshi Nakamoto unveiled in Budapest

The first statue of pseudonymous Bitcoin creator Satoshi Nakamoto was unveiled in Budapest, Hungary on Thursday. Although the identity of the legendary creator remains a mystery to the world, the bronze statue recognizes the immense contribution to the disruption of traditional currency. It was exhibited at Graphishop Park in Budapest. The sculpture is the bust of a person wearing a hoodie with the Bitcoin (BTC) logo engraved on it. The face has been sculpted with vague features to represent the anonymity of Satoshi Nakamoto. A video features a crowd of people surrounding the statue and clicking photos and videos during the ceremony.

The unveiling ceremony saw the presence of Andras Gyorfi, co-founder of the “Statue of Satoshi” project and editor-in-chief of the crypto news site Kripto Akademia, and Debreczeni Barnabas, CEO of the Hungarian crypto exchange Shinrai. Both addressed the crowd at the ceremony.

Before the unveiling of the bronze statue, Gyorfi said, “No matter what it is, Bitcoin creates value, and in particular the technology behind Bitcoin, the blockchain, creates value.”

According to a report by Cointelegraph, Barnabas said, “Satoshi Nakamoto created an independent currency without any middleman that gave people financial sovereignty… We erected this statue to remind ourselves that courage is a virtue. We must continue to dream big. . “

The “Statue of Satoshi” project was first announced in May. It was supported by Coin, Kripto Akademia, Blockchain Hungary Association, and Blockchain Budapest. Sculptors Gergely Reka and Tamas Gilly intentionally gave a mirror-like glow to the face of the statue. Maybe their purpose was to represent the idea that “we are all Satoshi”.

Reports suggest the statue will be placed in the park near sculptures of notable figures like Apple co-founder Steve Jobs.

Users are already delighted with the event. Some have started to worship the creator of Bitcoin in several ways.

“It’s a cult,” read one of the comments.

This person, @ Phil55293718, made a joke that reflects the way Bitcoin is viewed.

Speculation about Satoshi Nakamoto’s identity and appearance remains a puzzle to many, but anonymity has not altered fame. The price of Bitcoin in India was Rs. 38 03 883 at the time of this story’s publication.

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting Founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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