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Satoshi Nakamoto statue lands on NYSE in sign of changing times

Satoshi Nakamoto statue lands on NYSE in sign of changing times

There are five other Satoshi statues made by Valentina Picozzi located around the world, in Switzerland, El Salvador, Japan, Vietnam and Miami, in the US state of Florida.

COINTELEGRAPH IN YOUR SOCIAL FEED

The New York Stock Exchange has become the sixth host of Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue — a striking shift from just a few years ago when crypto was still taboo on Wall Street.

Long seen as a bastion of traditional finance, the NYSE called the installation “shared ground between emerging systems and established institutions” in an X post on Wednesday.

The statue was installed by Bitcoin (BTC) firm Twenty One Capital, which began trading this week. The design itself is the work of Picozzi, who wrote on X under her Satoshigallery handle that seeing her latest piece in such a high-profile setting is “mind-blowing.”

Source: New York Stock Exchange 

“This is such an achievement, even in our wildest dream we wouldn’t think about placing the statue of Satoshi Nakamoto in this location! The 6th/21 statues of Satoshi Nakamoto found its home in the NYSE,” she added.

It also happens to coincide with the anniversary of the Bitcoin mailing list, which Nakamoto launched on Dec. 10, 2008.

Bitcoin’s journey from thought experiment to mainstream asset

Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 Bitcoin in history and planting the seeds for the crypto industry we see today. 

Over a year later, on May 22, 2010, programmer Laszlo Hanyecz made the first documented purchase of goods using Bitcoin, paying 10,000 Bitcoin for two Papa John’s pizzas.

In the intervening years, Bitcoin and cryptocurrency faced many challenges, as institutions and banks shunned them, and governments allegedly attempted to suppress them through efforts such as Operation Chokepoint 2.0