Satoshi Nakamoto statue goes up in Budapest

“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi.

A bronze depiction of legendary Bitcoin creator Satoshi Nakamoto is now on display for visitors of Graphisoft Park in Budapest.

In an unveiling ceremony on Thursday, András Győrfi, the co-founder of the statue project and editor of crypto news site Kripto Akademia, spoke to a crowd of journalists and Hungarian residents before revealing the shining face of Satoshi. The sculpture shows the upper half of a figure with a featureless face wearing a hoodie with the Bitcoin (BTC) logo.

Front of #StatueOfSatoshi pic.twitter.com/LvlDmtio1c

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“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said Győrfi. 

Debreczeni Barnabás, CEO of Hungarian crypto exchange Shinrai, also spoke at the ceremony, adding:

“Satoshi Nakamoto has created an independent money free of any middlemen that empowered people with financial sovereignty [...] We have erected this statue to remind ourselves courage is virtue. We need to keep on dreaming big.”

First announced in May, the statue created by sculptors Gergely Réka and Tamás Gilly was intentionally designed with a mirrored face, seemingly to express the idea “we are all Satoshi” to onlookers. Mr. Coin, Kripto Akademia, the Blockchain Hungary Association and Blockchain Budapest all backed the “Statue of Satoshi” project.

Related: From Dorian Nakamoto to Elon Musk: The Incomplete List of People Speculated to Be Satoshi Nakamoto

Satoshi’s likeness will be in the park near depictions of Apple co-founder Steve Jobs and other notable figures. Though there has long been speculation about Satoshi’s identity and appearance, no one has successfully identified the Bitcoin creator.