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Virtual Monument to Bitcoin Founder Opened in Kyiv Today

Sat, 09/29/2018 - 13:56
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Yuri Molchan
Virtual installation occurred on the site of the demolished Lenin monument
Virtual Monument to Bitcoin Founder Opened in Kyiv Today
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This installation of the virtual Satoshi Nakamoto monument by Kyiv crypto enthusiasts was the first one within the global project of creating augmented reality cities under the guise of the Satoshi Nakamoto Republic project.

The event in the Kyiv center

Crypto enthusiasts were marching holding posters to support BTC and society decentralization “Bitcoin is secured by nothing,” “We want pension in Bitcoin,” “Return the rate of $20,000 for one Bitcoin,” etc.

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Alexander Soroka, the founder of the Satoshi Nakamoto Republic, pointed out that since nobody knows what Satoshi Nakamoto looks like, he might as well be a Ukrainian Cossack.

The creators of the monument shared that the virtual monument looks similar to all ideas people have about the Bitcoin creator. Therefore, the monument can be to a woman, artificial intelligence or even an alien.

Apparently, the event began as a simple desire to have fun but quickly grew into a global project on creating augmented reality cities around the world.

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Before the end of 2018, reportedly, two more virtual statues of Satoshi Nakamoto are to appear in the US. The music Blockchain startup Younk has joined the project and the co-founders of the startup Andrey Dakhovskyy will see that the monuments appear in Los-Angeles and Miami.

Android app to view the monument

The app that lets you see the virtual statue can be downloaded from the Google Play store searching the phrase Satoshi Nakamoto Republic or from the App Store using the search phrase Satoshi Monument. Since the technology of augmented reality is brand-new, old models of smartphones may fail to support it.

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Satoshi embodied in stone

After installing the virtual monument, the organizers also plan to address the Kyiv municipal administration for permission to start raising money to make and install a real monument to the Bitcoin creator.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at