Statue of Steve Jobs in Budapest to get a new neighbor
A monument for Satoshi Nakamoto is set to emerge in Budapest, Hungary, as part of a local initiative by the Hungarian crypto community to raise awareness of the importance of Bitcoin (BTC) and blockchain technology.
The idea started with András Györfi, the publisher of the Hungarian crypto website Kripto Akadémia. The project team also includes Imre Szilágyi, founder of Blockchain Budapest, the main blockchain and crypto conference in Hungary, Gabi Debreczeni-Raskó and Barnabás Debreczeni from Mr. Coin, the first crypto exchange in Hungary, András de Kripto Akadémia and Kornél Kalocsai, president of the Hungary Blockchain Association.
According to their plan, the general sculpture at human height will be in aluminum bronze. Its sculptors are Réka Gergely and Tamás Gilly. They will make a “general human figure” without a particular gender, with a symbolic nose and lips. Satoshi will be wearing a hoodie and will have a Bitcoin logo on his chest.
Anyone facing the statue will be able to see themselves in front of them, which means the identity of Satoshi is irrelevant and we can all become Satoshi by building technology, community, or just using Bitcoin. It will be on display at Graphisoft Park, Budapest, next to the statue of Steve Jobs, co-founder of Apple.
The Satoshi monument is still under construction, but is expected to be completed within the next three weeks, according to Kalocsai.
“The idea came out of András’ mind earlier this year. András was reading about NFT, how this technology is changing the digital art market. So he started to think: NFT, blockchain, Bitcoin, Satoshi, why doesn’t Satoshi have a statue? ” he said Cryptonews.com.
The founders invested $ 6,000 for the project. The team also managed to raise an additional US $ 11,000 through a community donation campaign. According to Koloscai, the sculpture will serve as a tribute to the paradigm shift brought about by blockchain technology.
“The Blockchain Hungary Association considered it important to support the creation of the sculpture because the technology described in the Bitcoin white paper will bring a paradigm shift in our daily life: it enables the digitization of values and their free circulation. Even central banks are now considering issuing digital currency, thanks to the visibility and technological context of bitcoin, ”he said.
Koloscai added that by now most Hungarians have probably heard of Bitcoin, but few understand its implications. According to him, continuing to educate people about the importance of cryptocurrencies and blockchain is essential:
“We hope the statue of Satoshi will raise awareness. We want people to know that this is a very important new economic phenomenon, it will change the basis of economic processes in the future. “
Meanwhile, in May, Hungary too made headlines when the country’s government announced plans to cut the tax on crypto income by 50% in an effort to encourage investors to report income from trading crypto assets. If approved, the rate of such income would drop from 30.5% to 15% from 2022, bringing it in line with the levies on capital gains on shares.
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