Tether’s Plan B Initiative Unveils New Satoshi Nakamoto Statue in Lugano, Switzerland

A new statue depicting Bitcoin’s anonymous creator Satoshi Nakamoto has just been unveiled in Switzerland.

Earlier this morning at the 3rd Annual Lugano Plan B forum in Switzerland, the Plan B Initiative, a collaboration between Tether and the city of Lugano, revealed a statue honoring the faceless BTC creator.

“Disappearing Satoshi Nakamoto statue unveiled”

The “disappearing” visual effect of the statue represents the BTC creator’s anonymity.

Said Lugano Mayor Michele Foletti of the artwork,

“Lugano is rapidly becoming a leading hub for digital innovation, and this statue honors Satoshi Nakamoto but also embodies the forward-thinking spirit that drives our city. We are proud to host the Plan B Forum and to support the growth of blockchain technology and digital assets, and we are thrilled to now be home to this statue honoring the creator of Bitcoin.”

Tether CEO Paolo Ardoino says the statue pays proper homage to one of the core tenets of blockchain technology: decentralization.

“The statue of Satoshi Nakamoto stands as a testament to the revolutionary impact of Bitcoin and the idea of decentralization. Satoshi’s decision to step away and let the community lead showcases the true essence of decentralization.

This artwork serves as a reminder of the enduring influence of Satoshi’s vision, inspiring us to continue pushing the boundaries of innovation and financial freedom. It’s an honor to unveil this tribute to a visionary who reshaped the world of finance and empowered millions globally.”

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