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Italian town to unveil locally financed Satoshi Nakamoto monument

Coin Telegraph LogoCoin Telegraph21h ago

Italian town to unveil locally financed Satoshi Nakamoto monument - Coin Telegraph

Quick Summary:

Other regions have attempted to use BTC or other cryptocurrencies to attract visitors, including the Bitcoin Beach area of El Salvador and the Swiss city of Zug, which accepts crypto payments for many local goods and services. Portraying a faceless individual through artThe identity of Satoshi, whether a single individual or a group of people, remains one of the biggest mysteries in the crypto space since the publication of the Bitcoin white paper in 2008. Related: Italy finance minister warns US stablecoins pose bigger threat than tariffsMany artists, both crypto investors and otherwise, have released artwork attempting to represent the pseudonymous creator through statues and digital images.

Details surrounding the monument were unclear in the announcement, but the municipality said it had been designed by artist Mattia Pannoni and financed by the local government. “It is important, indeed fundamental, as an administration, to take into consideration all the new ideas that come from our young people,” said Fornelli Mayor Giovanni Tedeschi.

The Italian municipality of Fornelli in the Molise region of Italy will be dedicating a monument to pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto.

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Article Details

Author / Journalist: Cointelegraph by Turner Wright

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 23:30:00 (21 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 301 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28200923

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 32 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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