Satoshi Nakamoto will be immortalized in bronze near the statue of Steve Jobs in Budapest

Satoshi Nakamoto, the anonymous creator of Bitcoin, will be depicted in a life-size bronze statue in Budapest, Hungary.

According to the local news media Hungarian Today, the sculptors Réka Gergely and Tamás Gilly are designing the statue and announced the original plan, depicting a figure with a featureless face wearing a Bitcoin hoodie.

Picture: Réka Gergely

The hood covers the head of the statue, and the face will be made of a reflective surface so that the audience can see their own mirror image when looking at the statue-emphasizing the idea of ​​”We are all Satoshi Nakamoto”.

The project was initiated by encryption enthusiast András Györfi. When talking to Hungary today, he emphasized the benefits of Bitcoin and blockchain technology to the world:

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

The project is funded by four organizations, Mr. Coin, Crypto Academy, Hungarian Blockchain Association and Budapest Blockchain.

The statue will be erected in Graphisoft Park in the third district of Budapest, where there is already a statue depicting the iconic jeans, turtleneck sweater and sneakers of Apple founder Steve is Commission To pay tribute to Jobs of Graphisoft, Graphisoft is a Hungarian software company that Jobs invested in as a startup in the mid-1980s.

This is not the first public monument built to celebrate the culture of crypto-as early as 2018, the city of Kraj, Slovenia, unveiled a Bitcoin monument in the center of a roundabout near the city’s courthouse.

The monument consists of a horizontal 7-meter-wide steel ring with a Bitcoin logo in the middle.The project was developed by Luxembourg Crypto exchange Bitstamp And blockchain software company 3fs

After the government announced its plan on May 11, Hungary seems to be warming up to cryptocurrency Tax cut crypto transactions As part of the post-pandemic economic recovery plan, it was reduced from 30.5% to 15%.