A bronze statue of Satoshi Nakamoto, the mysterious inventor of virtual currency Bitcoin – Copyright ATTILA KISBENEDEK/AFPenthusiasts unveiled a statue in Budapest on Thursday which they say is the first in the world to honour Satoshi Nakamoto, the enigmatic inventor of the virtual currency.The bronze bust is of a hooded figure, in an allusion to the fact that the true identity of Nakamoto — a pseudonym — is unknown.
Hungarian sculptors and creators Reka Gergely and Tamas Gilly pose next to the statue of Satoshi NakamotoATTILA KISBENEDEK/AFP “The basic concept of bitcoin is that it belongs to everyone, the people of the internet, that we are all Satoshi,” Gilly told AFP in his workshop just outside Budapest earlier this month.Created following the 2008 global financial crisis, bitcoin aspired to overthrow traditional monetary and financial institutions such as central banks.
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