Satoshi Nakamoto to be immortalized in bronze Close to the Steve Jobs Theater in Budapest

Budapest is set to erect a life-size bronze statue depicting Bitcoin founder Satoshi Nakamoto. The face comes with a reflective surface which represents the unknown identity of Satoshi.
In accordance with local information outlet Hungary Today, sculptors, Réka Gergely and Tamás Gilly are designing the statue, and have unveiled initial plans depicting a figure with a featureless face wearing a Bitcoin hoodie. Image: Réka GergelyThe hood is all over the body’s head, and the face is going to be earned from a reflective surface so that viewers can see themselves mirrored back when they look in the statue — highlighting the concept that”we’re all Satoshi.” The project had been initiated by crypto enthusiast András Györfi. Speaking with Hungary Todayhe emphasized the advantages that Bitcoin along with blockchain tech offer to the planet:”It’s an efficient, honest, and transparent database which removes distrust between people and will make the planet a better place in several areas, from food provide to assist delivery.” The project has been financed by four organizations, Mr. Coin, Crypto Academy, Blockchain Hungary Association, and Blockchain Budapest.The statue is defined to be built in Graphisoft Park at Budapest’s 3rd district, which already has a statue depicting Apple founder Steve Jobs in his signature look of jeans, a turtleneck, and also shoes. It had been also commissioned as a tribute to Jobs by Graphisoft, a Hungarian software firm that Jobs’ invested in as a start-up from the mid-1980s. This isn’t the first public monument to be created in party of crypto culture — back in 2018 the Slovenian city of Kraj unveiled a Bitcoin monument at the middle of a roundabout close to the city’s courthouse. The monument is made up of horizontal seven-meter-wide steel ring with the Bitcoin logo in the middle. The project has been financed by Luxembourg-based crypto exchange Bitstamp and blockchain computer software firm 3fsHungary appears to be warming up to crypto upon the board, after the government revealed programs on May 11 to cut taxation on crypto trading in 30.5%down to 15 percent as part of an economic recovery software post-pandemic.

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