Satoshi Nakamoto is the pseudonymous persons or people who created the cryptocurrency Bitcoin. Nakamoto is the author of the bitcoin white paper and created the first blockchain database. The identity of Satoshi Nakamoto has never been revealed and they never will be. Many believe if Nakamoto’s real identity is revealed, there will be a negative impact on the price of Bitcoin and defeat one of its many purposes.
Related: What is Bitcoin?
In Budapest, Hungary a statue of Satoshi Nakamoto has been available to the public. It appears that the statue is made from bronze and the face is made up of a mix of aluminum and bronze. András Györfi was the person behind the idea of this sculpture. He said the main purpose of the artwork is an action towards raising awareness of cryptocurrencies and blockchain technology. The two sculptures, Gergely Réka and Tamás Gilly created the piece of art with the idea of portraying a human image while also keeping Satoshi Nakamoto secretive.
In the world of Covid-19 its has become very evident to more Americans that the United States government seems to have the ultimate superpower in the Federal Reserve. The United States can print money and then use their own currency as a bargaining chip. Every person who visits the statue can see their own image when facing Satoshi hence symbolizing that Bitcoin is the true universal currency of the world.
Gill spoke with the Associated Press:
“It was a big challenge. It is very difficult to make a portrait sculpture of a person that we don’t know exactly what they look like. I hope that through the language of sculpture I have managed to convey the basic idea of Bitcoin, that it belongs to everyone and no one at the same time.”
As time moves forward more people will be positively impacted by the great work done by Satoshi Nakamoto. It is possible this won’t be the last piece of art dedicated to the movement.
References:
Al Jazeera. “US Sanctions under Trump: A Legacy That Could Box in Biden?” US & Canada News | Al Jazeera, Al Jazeera, 21 Jan. 2021, www.aljazeera.com/news/2021/1/21/us-santions-under-trump-all-you-need-to-know.
