Statue of Bitcoin founder Satoshi Nakamoto unveiled in Hungary

Hungary has unveiled the statue of Bitcoin founder Satoshi Nakamoto. The imposing bronze statue was unveiled in Hungary’s capital, Budapest. This is the first such statue across the world to pay homage to the creator of Bitcoin digital currency. It has been constructed in a business park near the Danube River in Budapest. The bust sits atop a stone plinth and is also engraved with the name of Satoshi Nakamoto, who is the pseudonym of the mysterious developer of Bitcoin whose true identity is still unknown.

The sculpture is the bust of a person wearing a hoodie that has the Bitcoin (BTC) logo engraved on it. The face has been sculpted with vague features to represent Satoshi Nakamoto’s anonymity. A video features a crowd of people surrounding the statue and clicking photos and videos during the ceremony.