One of the most famous men of our time is going to be immortalized in bronze—on the other side of the world, by the Budapest City Hall. It is expected the statue will be a life size recreation of the face of the man behind Bitcoin, the digital currency that has taken the world by storm. The process of creating the statue has already started, and it is expected that the first piece will be installed by the end of the year.
The story of Satoshi Nakamoto – the person behind Bitcoin – is getting a twist, as the creator is set to get his own statue, according to a new report. Hungarian artist László Moholy-Nagy is to create a bronze bust of the mysterious inventor as part of a crypto-themed exhibition, the Budapest Sun reports.
If you haven’t read about the news in the last few days, the FBI arrested the creator of Bitcoin, the world’s most popular digital currency, on Monday, and has been accused of running the infamous Silk Road drug bazaar from the safety of a San Francisco mansion. While details of Nakamoto’s assumed identity are murky, it seems likely that his real name is not Satoshi Nakamoto at all, but rather a pseudonym. It’s also been reported that a bust of Steve Jobs has been removed from the Wall Street Journal’s offices in Budapest and replaced with a bust of none other than Bitcoin’s founder.. Read more about who is satoshi nakamoto and let us know what you think.The anonymous creator of bitcoin, Satoshi Nakamoto, is pictured on a life-size bronze statue in Hungary’s capital, Budapest. According to local news agency Hungary Today, sculptors Reka Gergely and Tamás Gilley are in charge of designing the statue and have submitted initial plans featuring a faceless figure wearing a Bitcoin cap. Image: Gergely River The hood will be placed over the character’s head, and the face will be made of a reflective surface so that viewers looking at the statue can see themselves in a mirror image – emphasizing the idea that we are all Satoshi. The project was started by a crypto-currency enthusiast, Andras Györfi. Speaking with Hungary Today, he highlighted the benefits that bitcoin and blockchain technology have to offer the world: It is an effective, honest and transparent database that can eliminate mistrust between people and improve the world in many areas, from food to aid. The project is funded by four organisations… Coin, Crypto Academy, Blockchain Hungary Association and Blockchain Budapest. The statue will be erected in Graphisoft Park, in the 3rd district of Budapest. District, where there is already a statue of Apple founder Steve Jobs in his signature style: jeans, turtleneck and sneakers. It was commissioned as a tribute to Jobs by Graphisoft, a Hungarian software company in which Jobs had invested in the mid-1980s. This is not the first public memorial created to celebrate cryptocurrencies – in 2018, the Slovenian city of Kraj unveiled a Bitcoin monument in the middle of a roundabout near the municipal courthouse. The monument is a seven-foot-wide horizontal steel ring with a Bitcoin logo in the middle. The project was funded by Luxembourg-based cryptocurrency exchange Bitstamp and blockchain software company 3fs. Hungary seems to be warming up to cryptocurrencies after the government on 11… May unveiled plans to cut taxes on cryptocurrency trading from 30.5 percent to 15 percent as part of her post-pandemic economic recovery program.Bitcoin’s mysterious “Satoshi Nakamoto” has been revealed to be a man named Craig Steven Wright, who lives in Australia. He claims to be the person who created bitcoin, and “revealed” his identity to a group of journalists via a fake email address. The journalists published an article stating that Wright was the man behind bitcoin, and called him “Satoshi”, which is now a common term for the currency.. Read more about steve jobs (film) and let us know what you think.
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