Crypto News
| Published On Jun 4, 2021 10:25 am CEST  |  Updated on Aug 3, 2021 5:49 pm CEST | By Peter Siu

Satoshi Nakamoto will come to life in Budapest, yet without a face

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Satoshi Nakamoto, Bitcoin’s mythical creator is set to be immortalized as he will be depicted in a life-size bronze statue in Hungary’s capital city, Budapest.

Local news outlet Hungary Today, spoke with the sculptors, Réka Gergely and Tamás Gil about the statue’s design. The two unveiled their initial plans of a figure with a featureless face wearing a Bitcoin hoodie.

The hood is over the figure’s head, and the face will be made from a reflective surface so that viewers can see themselves mirrored back when they look at the statue, emphasizing the idea that “we are all Satoshi.”

Satoshi Nakamoto

It was crypto enthusiast András Györfi that started the project. Speaking to Hungary Today, he stressed the importance of Bitcoin and blockchain technology to the world:

“It is an efficient, fair, and transparent database that eliminates distrust between people and can make the world a better place in many areas, from food supply to aid delivery.”

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The statue will be placed in Graphisoft Park in Budapest’s 3rd district. The district is already home to Apple founder Steve Jobs who is depicted in a statue by means of his signature look of jeans, a turtleneck, and sneakers.

The project has been financed by four organizations, Mr. Coin, Crypto Academy, Blockchain Hungary Association, and Blockchain Budapest.

It has the looks that Hungary is eager to come out as a crypto friendly nation. In the beginning of May, the government revealed plans to cut taxes on crypto trading to 15% as part of a covid-19 recovery plan.

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.

Tags: Bitcoin