Statue of the Identity Credited with Inventing Bitcoin

The world's first bitcoin sculpture, created by Hungarians Réka Gergely and Tamás Gilly commemorates the founder of the bitcoin cryptocurrency and the blockchain technology behind it, Satoshi Nakamoto. The sculpture was unveiled in Graphisoft Park, Budapest.

The work of art honors the mysterious cryptocurrency creator Satoshi Nakamoto, a pseudonym for the Bitcoin inventor or inventors, whose identity is unknown. According to the sculpture's creator, András Györfi, it's not really Nakamoto's personality that's important. He believes that bitcoin has opened a new chapter in the history of the internet, creating new digital currencies and the blockchain technology behind bitcoin has made the world a better place.

The bronze bust was paid for by crowd-funding as the costs were covered by members of the national crypto community and individuals. The sculpture depicts a hooded figure without a face, a reference to both the mysterious Nakamoto and the people of the internet. The face of the sculpture has been heavily polished by the creators, so that anyone looking at it can see themselves.