London Daily

Focus on the big picture.
Thursday, Oct 22, 2026

Hungary Debuts Statue In Honor Of Bitcoin Creator Satoshi Nakamoto

Hungary Debuts Statue In Honor Of Bitcoin Creator Satoshi Nakamoto

eBach
The world’s first statue erected to remember the developer of Bitcoin will be located in the heart of Europe, in the capital of Hungary, Budapest. The goal of the statue is to honor Satoshi Nakamoto, the founders believe that his work is truly something to be remembered. Not just because of its significance in the world of IT, but because of its value for humanity in general.
Today, a statue of Bitcoin creator Satoshi Nakamoto was revealed in Budapest, Hungary in front of a large and passionate crowd. “The goal of the statue is to honor Satoshi Nakamoto, the founders believe that his work is truly something to be remembered,” said the initiative’s website.

This bronze statue located in Graphisoft Park was sculpted by Gergely Réka and Tamás Gilly. When sculpting this statue, the pair really wanted to capture the mantra of “we are all Satoshi,” making Satoshi’s face reflective, so when you look at the statue you remind yourself that you play just as an important role in Bitcoin as Satoshi and everyone else does. This is also because the gender, height, weight, and age of Satoshi Nakamoto are unknown — making it impossible to sculpt a descriptive face of whoever Satoshi was.

I love how this faceless statue plays into Elizabeth Warren’s comments this past July calling Bitcoiners a “shadowy faceless group of super coders.” Because it does not matter who Satoshi was as an individual. All that matters is that Satoshi created a decentralized protocol that allows anyone to transfer value in real time without permission from anyone. This “faceless super coder” changed the world for the better by giving people financial hope and opportunity where there was none. Just because someone protects their identity online does not mean they have ill intentions, something Warren has yet to understand.

The statue features Satoshi wearing a hoodie with a recent Bitcoin logo on it — but not the “BC” logo that Satoshi originally started out with. Though it’s important to note there is no “official” logo for Bitcoin, and whatever is used most is what has been popularized by Bitcoiners from all over the world.

Earlier this year, in June, a rough draft of the statue was released to the public. And just a few months later, the statue was built and revealed.

The basic idea for a Satoshi statue came from András Györfi, editor of Kripto Akadémia, the leading Hungarian crypto news site. The most important players of the local crypto market quickly joined, Gabi Debreczeni-Raskó, Debreczeni Barnabás from MrCoin, the leading crypto exchange of the country, Imre Szilágyi, founder of the Blockchain Budapest conference, and Kornél Kalocsai, head of the Blockchain Hungary Association.

Satoshi’s statue represents a general human figure, since we do not know the gender, race, age, height of the mysterious developer. Satoshi is wearing a hoodie, with the Bitcoin logo on its chest. The statue is made of bronze, the face is made of a special bronze-aluminium composite, thus every visitor can see their own face when looking at Satoshi.

We are all Satoshi.
Newsletter

Related Articles

0:00
0:00
Close
Department for Science, Innovation and Technology Commits Fifty Million Pounds to Establish Regional Artificial Intelligence Innovation Clusters
Ofgem Directs Major Energy Suppliers to Expand Vulnerable Household Support Funds Ahead of Winter Heating Season
Home Office and National Police Chiefs Council Unveil New Intelligence-Led Strategy to Tackle Organised Immigration Crime Networks
First Minister John Swinney Secures Scottish Parliament Approval for Comprehensive Climate and Green Energy Infrastructure Strategy
National Health Service England and Trades Union Congress Finalize Agreement on Emergency Winter Staffing and Pay Frameworks
HM Treasury and Department for Business and Trade Announce Multi-Billion-Pound Sovereign Investment Pact to Spur Regional Advanced Manufacturing
Bank of England Governor Andrew Bailey Signals Potential for Faster Interest Rate Cuts as Domestic Inflation Pressures Ease Below Forecasts
Parliamentary Inquiry Highlights Urgent Need to Address Housing Shortage as Scottish Completions Hit Eleven-Year Low
United Kingdom and Singapore Sign Comprehensive Financial Agreement to Deepen Digital and Sustainable Market Ties
Greggs Announces Plan to Close Four Manufacturing Facilities and Cut Seven Hundred and Forty Jobs
International Monetary Fund Raises United Kingdom Economic Growth Forecast While Warning of Inflationary Pressures
Energy Security and Net Zero Committee Urges Government to Shift Policy Costs Onto Gas to Lower Household Bills
Housebuilding Across Scotland Plummets to Eleven-Year Low Despite Government Pledges to Tackle National Housing Emergency
Greggs Announces Factory Closures Across Northern England and Scotland Affecting Seven Hundred Forty Jobs
United Kingdom and Singapore Conclude Eleventh Financial Dialogue in Singapore to Deepen Cooperation on Digital Finance and Capital Markets
Energy Security and Net Zero Committee Urges Government to Shift Policy Costs to Gas Bills and Tap Windfall Profits to Lower Consumer Prices
British Broadcasting Corporation Announces Major Cost-Cutting Overhaul to Close Linear Broadcast Services for Television Channels BBC Three and BBC Scotland Alongside Digital Radio Station BBC Radio Four Extra
London Capital Markets Face Renewed Scrutiny After High-Profile Offerings Underperform Post-Listing
Green Party Wins Historic First Westminster Parliamentary By-Election in Gorton and Denton
Environment Secretary Emma Reynolds Unveils Sweeping Regulatory Overhaul for English Water Industry
United Kingdom Health Security Agency Confirms Thirty-Four Cases in Kent Meningitis Outbreak
Ministry of Defence Prepares Heat Pump Subsidy Cuts to Fund Urgent Military Modernization
British and European Union Officials Schedule Long-Awaited Bilateral Leaders Summit for November Twentieth
Bank of England Governor Andrew Bailey Urges Strict Fiscal Credibility to Protect British Bond Markets
United Kingdom Inflation Rises to Three Point One Percent Driven by Escalating Fuel Costs
Profit Warnings Among London-Listed Companies Reach Two-Year High Amid Global Energy Shocks
Chancellor John Healey Signals Targeted Tax Changes on Banks and London Corporate Offices Ahead of Budget
British Government Reallocates Twenty-Five Per Cent of International Climate Finance to Global Biodiversity Projects
Initial British Carbon Border Taxes Set to Undercut Parallel European Union Tariffs on Industrial Imports
Whitehall Prepares National Zero-Interest Loan Initiative to Accelerate Domestic Heat Pump and Solar Adoption
European Union Offers British Automakers Access to Hybrid Vehicle Trade Protections Subject to Strict Regulatory Alignment
British Probation Officers Threaten Widespread Industrial Action After Rejecting Five Per Cent Government Pay Offer
Microsoft Abandons Major British Artificial Intelligence Data Centre Citing Severe National Grid Power Constraints
United Kingdom Inflation Accelerates to Three Point Four Per Cent Ahead of Chancellor John Healey's Inaugural Autumn Budget
Surging Cloned Number Plates Severely Complicate Traffic Enforcement and Police Investigations
Mounting Opposition Challenges Planned Rollout of Autonomous Taxis Across London
Influential Think Tank Urges Rejoining European Union to Navigate Geopolitical Crises
Government Review Recommends Slashing Benefits to Fund Youth Employment Initiatives
Senior Minister Shabana Mahmood Seeks New Law Enforcement Pact With European Union
Airbus Executive Warns Britain Risks Losing Crucial Role in European Space Industry
Exorbitant Electricity Costs Push British Steelmakers to Worst Competitive Position in Three Years
British Food and Beverage Exports to European Union Collapse by Over a Third Since Brexit
Up to Twenty English Maternity Units Face Impending Closure Due to Safety and Staffing Crises
Government Declares Severe Drought Across Southern England Following Record Dry Spell
Corporate Profit Warnings Reach Two-Year High Amid Middle East Conflict and Rising Costs
International Monetary Fund Warns Chancellor John Healey Against Proposed Bank Tax Raid
Northern Ireland Secures Favorable Agricultural Export Agreement with European Union
Scottish Government Approves Major Offshore Floating Wind Farm Near Aberdeenshire
High Speed Two Rail Project Faces Three Billion Pound Cost Escalation on Initial Phase
National Health Service Warns of Winter Capacity Crisis Across English Hospitals
×