New statue of anonymous Bitcoin founder unveiled in Hungary for some reason

Satoshi Nakamoto is known as the man behind Bitcoin. Or at least, that's the name on the original white paper credited with devising the cryptocurrency. The name itself is believed to be a pseudonym, unless it's not; there are several different theories about their true identity.

But that didn't stop a statue of the mysterious figure from being erected in Graphisoft Park in the Hungarian capital of Budapest. From RFI:

The bronze bust is of a hooded figure, in an allusion to the fact that the true identity of Nakamoto — a pseudonym — is unknown. 

The sculpture, erected in a business park alongside a statue of Apple founder Steve Jobs and an installation by Hungarian inventor Erno Rubik, was the brainchild of entrepreneur and bitcoin journalist, Andras Gyorfi.

It was financed by four Hungarian cryptocurrency organisations.

According to the sculptors, the statue was specifically designed with a mirror-like face "so anyone can recognize themselves when looking at the face," as a metaphor for both Nakamoto's mystery, and the whole idea of decentralization that exists at the heart of the cryptocurrency.

It's unclear what impact this statue might have on the value of Bitcoin, which is down 14% this month and up 300+% this year.

Bitcoin inventor statue unveiled in Budapest