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Second Satoshi Nakamoto Statue Unveiled

Second Satoshi Nakamoto Statue Unveiled

Bitcoin News

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, continues to be a prominent figure in the cryptocurrency world. Over 15 years after the genesis block, Nakamoto's legacy is celebrated with a second statue, erected just one year after the first.

Satoshi Nakamoto Statues: A Growing Tribute

While many are familiar with Bitcoin, fewer know the identity of its creator. This new statue, located in El Zonte, El Salvador (also known as Bitcoin Beach), stands as a testament to Nakamoto's impact on the $1.69 trillion cryptocurrency market. This unveiling coincides with El Salvador's recent agreement to strengthen its crypto regulations.

The El Zonte statue, designed by Valentina Picozzi, features a hooded figure, symbolizing the idea that "we are all Satoshi." The designer of the statue is credited but not the builder. The first statue was placed in Lugano, Switzerland, indicating growing global recognition of Nakamoto.

Industry Reaction

The unveiling hasn't significantly altered Bitcoin's market outlook. While BTC briefly approached $86,000, concerns like the Trump tariff woes remain dominant. However, the statue fosters a sense of community, as highlighted by Paolo Ardoino, Tether CEO, who stated on X, "We’re Satoshi, especially in El Salvador."

Interestingly, the Picozzi statues were inspired by a previous statue in Budapest, Hungary, located at Graphisoft Park and accessible 24/7.

The Unending Quest for Satoshi Nakamoto's Identity

Alongside the tributes, the mystery surrounding Nakamoto's true identity persists. HBO's recent attempts to uncover Nakamoto's identity generated significant buzz, culminating in speculation about various candidates before ultimately naming Peter Todd, who denied the claim.

These statues may be the closest the world gets to commemorating the creator of Bitcoin, leaving the true identity of Satoshi Nakamoto a captivating enigma.

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