Satoshi Nakamoto Statue Unveiled in Lugano, Honoring Bitcoin’s Legacy

Tether and the City of Lugano celebrated the unveiling of a life-sized statue of Bitcoin's creator, Satoshi Nakamoto, during the 3rd Annual Plan ₿ Forum at Villa Ciani.

The statue, designed by artist Valentina Picozzi, symbolizes Nakamoto’s mysterious exit, as its visibility changes with the viewer’s perspective. Mayor Michele Foletti emphasized Lugano’s growing status as a hub for digital innovation, with the statue reflecting the city’s commitment to blockchain technology.

This unveiling is a key milestone for the Plan ₿ initiative, a collaboration between Tether and Lugano aimed at integrating Bitcoin into the city’s financial system. CEO Paolo Ardoino highlighted Nakamoto’s choice to decentralize and empower the community, reinforcing the statue’s message of innovation and financial freedom.

The forum fosters collaboration among leaders in the blockchain space, emphasizing the future of decentralized finance.

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The event also serves as a platform for discussing the broader implications of blockchain technology on society. As Lugano continues to push the envelope in adopting digital assets, the statue stands as a testament to the ideals of transparency, community-led innovation, and the potential of cryptocurrencies to reshape traditional financial landscapes.

With such initiatives, Lugano aims to inspire other cities to embrace similar forward-thinking approaches to blockchain integration, making it a pivotal player in the global digital economy.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.