Hungary to immortalize Satoshi Nakamoto with life-size statue in Budapest By BTC Peers

Hungary to immortalize Satoshi Nakamoto with life-size statue in Budapest

Budapest is set to become the first city to erect a statue representing Bitcoin creator Satoshi Nakamoto.

According to local media outlet Hungary Today, two sculptors, Réka Gergely and Tamás Gilly, are already working on the statue and have revealed their initial intention to portray Nakamoto with a faceless face wearing a hoodie.

The life-size bronze statue will feature a reflective surface that symbolizes the mystery behind Satoshi’s true identity. In addition, viewers will be able to mirror themselves when they see the statue, representing that “we are all Satoshi”.

The project is the brainchild of crypto enthusiast András Györfi. Speaking with the media, he highlighted the relevance of Bitcoin and blockchain technology. According to him:

It is an efficient, fair and transparent database that eliminates mistrust between people and can make the world a better place in many areas, from the supply of food to the delivery of aid.

The project is funded by four organizations – Crypto Academy, Mr. Coin, Blockchain Budapest and Blockchain Hungary Association.

The statue will be erected in Graphisoft Park, near a statue of Apple founder Steve Jobs, wearing his signature jeans, turtleneck and sneakers.

Hungary is probably gearing up to enter the crypto space. Recall that the government recently revealed its intention to reduce crypto taxes from 30.5% to 15%.

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