The anonymous creator of Bitcoin, Satoshi Nakamoto is depicted in a life-size bronze statue in Budapest, the capital of Hungary.
According to local Hungary Today news agency, Sculptors RÃ © ka Gergely and TamÃ¡s Gilly design the statue and have revealed that their original plans show a figure with a faceless face wearing a bitcoin hood.
The hood covers the figure’s head and The face will be made of a reflective surface so that the viewer can see himself reflected when looking at the statue, which underscores the idea that “we are all satoshi”.
The project was started by the crypto enthusiast Andrès Györfi. Speaking to Hungary Today, he highlighted the benefits that Bitcoin and blockchain technology bring to the world:
â ???? It is an efficient, fair and transparent database that reduces mistrust between people and can make the world a better place in many areas, from food supply to aid delivery. ??
Four organizations financed the project: Mr. Coin, Crypto Academy, Blockchain Hungary Association and Blockchain Budapest.
The statue will be placed in Graphisoft Park in the 3rd district of Budapest, where there is already a statue of Apple founder Steve Jobs, with its signature look of jeans, high collar and sneakers. The statue was commissioned as a tribute to Jobs by Graphisoft, a Hungarian software company that Jobs invested in as a start-up in the mid-1980s.
This isn’t the first public monument created to celebrate cryptoculture: already In 2018, the Slovenian town of Kraj unveiled a monument to Bitcoin in the middle of a roundabout near the City Court.
The monument consists of a seven meter wide horizontal steel ring with the Bitcoin logo in the middle. The Luxembourg-based cryptocurrency exchange Bitstamp financed the project together with the blockchain software company 3fs
Hungary appears to be preparing to become more crypto-friendly; The government announced on May 11 its plans to cut taxes on cryptocurrency trading from 30.5% to 15% as part of a post-pandemic stimulus package.