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UNVEILED: Bitcoin Inventor Honored For The First Time[PHOTOS]

Published by on September 16th, 2021



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UNVEILED: Bitcoin Inventor Honored For The First Time[PHOTOS]

UNVEILED: Bitcoin Inventor Honored For The First Time[PHOTOS]

The Bitcoin Inventor Sculpture has been honored for the first time in the world after the Hungarian bitcoin enthusiasts unveiled a statue in Budapest on Thursday.

According to the report, the Hungarian Bitcoin enthusiasts are the first in the world to honour Satoshi Nakamoto, the mysterious inventor of the bitcoin.

Mr Andras Gyorfi, one of the bitcoin enthusiasts explained to AFP that the idea of the sculpture came as he was researching the technology behind bitcoin back in the month of March.

He said; “Back in March, I was researching the connection between digital art and blockchain”.

He added: “And I thought: ‘why shouldn’t Satoshi have a statue in Budapest?”.

However, since the first block of 50 bitcoins was created in January 2009, around 18.8 million units are currently in circulation.

Following the 2008 global financial crisis, bitcoin aspired to overthrow traditional monetary and financial institutions such as central banks.

The sculpture, constructed in a business park alongside a statue of Apple founder Steve Jobs and an installation by Hungarian inventor Erno Rubik, was the brainchild of entrepreneur and bitcoin journalist, Andras Gyorfi.

See the photos below…UNVEILED: Bitcoin Inventor Honored For The First Time[PHOTOS] download 6 download 5 download 4 images 89

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