The world’s first and largest cryptocurrency, Bitcoin [BTC] is one of the most popular currencies to exist. This asset not only changed the whole dynamics of the financial world but also initiated a whole new wave of digitalization across the globe. The asset always had a love-hate relationship with regulators and governments. While the world has slowly started to recognize and accept this asset, the fervor around it has witnessed parabolic growth.
It has been more than a decade that BTC has come into existence, however, nobody knows the man or woman behind this coin. The creator of Bitcoin goes by the pseudonym, Satoshi Nakamoto and that is all the information that is there about the person behind the world’s largest cryptocurrency. Despite this, Budapest went on to formulate a statue commemorating Satoshi Nakamoto.
The statue of Nakamoto was unveiled and ready for viewing at Graphisoft Park in Budapest. The statue was reportedly created by sculptors Gergely Réka and Tamás Gilly.
Bitcoin creator’s first statue in Hungary
Priced at $47,471 and with a market cap of $893 billion, Bitcoin stands as the largest cryptocurrency. Little did Satoshi Nakamoto know that his/her/their creation would give birth to a whole new industry.
Celebrating Nakamoto’s creation, a bronze statue was placed in Budapest. This statue had a featureless face with a hoodie that entailed the logo of Bitcoin [BTC]. The sculptors behind the statue put forth the idea back in June 2021 itself. The face was built with a reflective material in which viewers could see themselves. With this, the sculptors intended to give the impression, “we are all Satoshi.”
The co-founder of the statue project, András Győrfi, spoke about the coin and pointed out that Bitcoin created value along with its underlying technology, blockchain.
Several people were seen being a part of this event and Debreczeni Barnabás, CEO of Shinrai, a Hungarian crypto exchange was one of them. Barnabás spoke at the ceremony and said,
“Satoshi Nakamoto has created an independent money free of any middlemen that empowered people with financial sovereignty […] We have erected this statue to remind ourselves courage is virtue. We need to keep on dreaming big.”