Satoshi Nakamoto

Statue honoring Bitcoin founder unveiled in Budapest

Hungarian bitcoin enthusiasts unveiled a statue in Budapest which they say is the first in the world to honor Satoshi Nakamoto, the enigmatic inventor of the virtual currency. 

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

Bitcoin Throughout the Years

Bitcoin represents a new and revolutionizing payment method, capable of completely changing the financial industry. This is a cryptocurrency which has tons of advantages over the FIAT currencies. Some of those are increased online security, a certain level of anonymity, fast transactions, and of course, the possibility to make money.

The Future of Bitcoin in Bulgaria

According to recent statistics, Bulgaria is the second country with the highest number of bitcoins in the entire world. This fact only speaks about the interests in bitcoins in Bulgaria. There was a recent rise in bitcoins ownership in Bulgaria. The Bulgarian government owns more than 213.000 bitcoins. Bitcoins in this country are worth more than $804 million.