Last week, a bronze statue honoring “Satoshi Nakamoto,” the anonymous creator of Bitcoin, was unveiled in Budapest. The statue was sculpted by artists Reka Gergely and Tamas Gilly, and the project was inspired by Andras Gyorfi, a Bitcoin journalist based in Hungary.
The statue is located in a technology park in Budapest, Hungary’s capital. The bronze bust depicts a blank face wrapped in a bronze hoodie bearing the bitcoin logo. It has been heavily polished on purpose to be reflective.
The creators of the statue claim it is the first in the world to honor the enigmatic cryptocurrency creator Satoshi Nakamoto, a pseudonym for the Bitcoin inventor or inventors whose identity is unknown.
The event drew hundreds of people and was covered by media outlets all over the world. Despite the fact that no one has claimed responsibility for developing Bitcoin, it continues to pique the interest of millions of investors from all industries.
It was also made legal tender in El Salvador earlier this month.
Gyorfi stated that the statue is a tribute to Nakamoto as well as an effort to “raise awareness toward blockchain and cryptocurrencies.”
He raised around $10,000 (€8,400) in cryptocurrency donations, along with contributions from other Hungarian Bitcoin enthusiasts, to fund the creation of the bust.