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Bitcoin News

Hungary Unveiled Statue in Honor of Satoshi Nakamoto

Gergely Réka and Tamás Gilly sculpted a bronze statue to honour Bitcoin Creator Satoshi Nakamoto.

Written By:
Rikta Mandal

Last updated: September 17, 2021 6:50 AM
Published September 17, 2021 6:50 AM
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Last updated: September 17, 2021 6:50 AM
Published September 17, 2021 6:50 AM
Hungary Unveiled Statue in Honor of Satoshi Nakamoto

In Brief:

  • Hungary honours Satoshi Nakamoto with a bronze statue in Graphisoft Park.
  • Gergely Réka and Tamás Gilly sculpted the statue. 
  • The face represents the mantra “we are all Satoshi”

In Budapest, Hungary, bitcoin supporters unveiled the world’s first statue honouring Satoshi Nakamoto, the enigmatic founder of Bitcoin. 

“The goal of the statue is to honor Satoshi Nakamoto, the founders believe that his work is truly something to be remembered,” reads the initiative’s website.

Gergely Réka and Tamás Gilly sculpted this bronze statue, which is located in Graphisoft Park. When they created this statue, they wanted Satoshi’s face to represent the mantra “we are all Satoshi,”. So they made the statue in a way that visitors will see their own face when looking at Satoshi. It reminds visitors that you’re just as important to Bitcoin as Satoshi and everyone else.

“It was a big challenge. It is very difficult to make a portrait sculpture of a person that we don’t know exactly what they look like,” Gilly said to The Associated Press.  

Bitcoin came into the common people in 2018 and aimed to serve a peer-to-peer online transaction technology without any central banks involved in it. Earlier this July, Elizabeth Warren called Bitcoiners a shadowy faceless group of super coders.

The bronze sculpture of Satoshi is wearing a hoodie with a recent bitcoin logo on its chest, but not the “BC” that originally Satoshi gave.   

Earlier in June 2021, a rough draft of the statue was released on Twitter to the public and now the statue is in front of you. Although the statue attracted a big crowd, nobody came to take responsibility for the development of crypto that has attracted tens of millions of investors.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Rikta Mandal - Crypto Content Writer at The Crypto Times
By Rikta Mandal
Rikta Mandal is a content writer and started her career in pharma and worked as a medical writer for a while. Currently, she is exploring the crypto world and is looking forward to learn more in future. Apart from her professional career goals, she loves to sing and paint in her spare time.

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