The Satoshi Nakamoto Republic project took the initiative to erect the monument which has been gathering head since it was first announced last May. The site for installation of the monument has not been randomly chosen, as it represents an area of great historical significance. The area housed a huge statue of Vladimir Lenin, which constantly reminded the Ukrainian people of the Soviet Union. As such, this spot now symbolizes two eras – the past era of communism and the modern era of decentralization.
A monument dedicated to Satoshi Nakamoto would definitely boost the public awareness of Bitcoin and modern concepts of decentralization, while also signaling to the world that Ukraine has its eyes on the future. However, this is not the first monument to be erected publicly in recognition of Bitcoin, as a Bitcoin-themed roundabout was opened last March in Kranj, Slovenia.
The monument now greets passersby at the intersection of Kreschatik Street and Shevchenko Boulevard. You can enjoy a 360-view of the monument and take selfies in front of it after downloading and installing the Satoshi Nakamoto Republic app, which is available for Android and iOS mobile devices. Via the app, you will see a three-headed virtual figure representing different races and genders. The figure shows a Bitcoin symbol tattooed on its bare chest and the face of Vitalik Buterin stamped on the back.
The Satoshi Nakamoto Republic project will establish two more virtual statues of Satoshi Nakamoto in the US by the end of 2018. One might even be erected on the Hollywood Walk of Fame in collaboration with Younk, the blockchain music label. Miami may also be the host of the second virtual monument.
Do you think that such virtual monuments can help popularize crypto and boost mass adoption? Let us know what you think in the comments’ section below.
Images courtesy of Pixabay and ShutterStock