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Anonymous Bitcoin founder commemorated in Budapest with bronze featureless statue

A statue of the unknown founder of Bitcoin was unveiled in Hungary to honor blockchain and cryptocurrency. The faceless statue is the first honoring the bitcoin creator and was funded entirely from cryptocurrency donations. The real name of Bitcoin's founder is still unknown, though many have speculated on the identity of the crypto pioneer. Loading Something is loading.

Members of a cryptocurrency community in Hungary unveiled a statue on Thursday honoring the anonymous founder of the Bitcoin digital currency. 

The life-sized bronze bust sits atop a stone plinth at Graphisoft business park in Budapest, engraved with the name "Satoshi Nakamoto," a pseudonym used by the unidentified developer of Bitcoin.

"We think of Satoshi as the founding father of the whole cryptocurrency industry,"Andras Gyorfi, a Bitcoin journalist and head of the project, told the Associated Press. "He created Bitcoin, he created the blockchain technology, he's the god of our market."

The sculpture has no discernible features and is instead a mirrored surface that allows visitors to see their own reflections in the face of Nakamoto's, alluding to Bitcoin enthusiasts' long-held belief that "We are all Satoshi," and Bitcoin belongs to everyone who uses it. The faceless bust is also dressed in a hoodie with the Bitcoin logo on its chest.

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