Hungary Immortalizes Satoshi Nakamoto, Bitcoin Creator As Bronze Statue

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  • divclass"my-3 text-center"> divclass"row"> divclass"col-12 d-flex align-items-center justify-content-center"> ">creator of Bitcoin, the mysterious Satoshi Nakamoto. The plan, a bronze statue of Satoshi Nakamoto will be placed in the Hungarian capital, Budapest.

    According to Cointelegraph, from Hungary Today, the statue will be created by sculptors Réka Gergely and Tamas Gilly. The figure of Satoshi Nakamoto will be depicted wearing a Bitcoin hoodie with his head covered with a hood.

    The face of the bronze statue of Satoshi Nakamoto will be made shiny so that it reflects the face of the person who sees it. This is quite interesting, precisely when a viewer looks at Satoshi Nakamoto's face, what he sees is his own face.

    The two sculptors embraced the idea that “we are all Satoshis.” András Györfi argues that Satoshi Nakamoto offers Bitcoin and Blockchain technology to the world.

    “It is an efficient, fair and transparent database that eliminates mistrust among people and can make the world a better place in many areas, from food supply to aid delivery”, Györfi told Hungary Today.

    The project to make a bronze statue of the creator of Bitcoin was funded by four organizations, namely Mr. Coin, Crypto Academy, Hungarian Blockchain Association, and Budapest Blockchain.

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    The plan, the statue of Satoshi Nakamoto will be presented at Graphisoft Park, located in the 3rd district of Budapest. There is also a statue of the founder of Apple, Steve Jobs who appears in his trademark clothes, turtleneck, jeans, and sneakers.

    Graphisoft dedicated the statue to Steve Jobs. Graphisoft is a Hungarian software company. In the mid-1980s, Steve Jobs invested in the company, which was still relatively new at that time.

    This is not the first public monument to pay homage to the creator and technology that underlies Bitcoin. In 2018, a Bitcoin monument was launched in the city of Kraj, Slovenia. The monument is located on a roundabout near the city courthouse.

    The Bitcoin monument is made of a horizontal steel ring that is 7 meters wide and in the center is the Bitcoin logo. Bitstamp, a crypto trading platform in Luxembourg, is funding the project with blockchain software company 3fs.

    The presence of the bronze statue of Satoshi Nakamoto marks an important moment for Hungary where his government lowered the tax on crypto assets from 30.5 percent to 15 percent. This tax cut is part of the post-pandemic economic recovery program that hit the country.