World First Bitcoin Monument Erected in Slovenia

The Slovenian city of Kranj has had a giant circular Bitcoin logo installed near the city center in what is being called a world-first

Tue, 13/03/2018 - 14:05

World First Bitcoin Monument Erected in Slovenia

Cover image via U.Today

Read U.TODAY on

Google News

What is being called a world first, a giant circular disk with the Bitcoin logo emblazoned on it has been erected in the city of Kranj, Slovenia, paying homage to the world’s first digital currency.

Slovenia is a popular hot spot for cryptocurrencies having spawned Bitstamp, a large and well-renowned cryptocurrency trading platform that originated from the country.

The monument was placed by city authorities and forms part of a roundabout in the road with the logo taking center stage.

Bitcoin is here to stay

The metal construction was created by Aleksander Frančeškin and Selman Čorović and paid for by the Slovenian-based tech design company 3fs and the Luxembourg-based Bitstamp.

Bitstamp is a big player in the cryptocurrency space, and their CEO, Nejc Kodrič, is also widely known and respected. He co-founded the exchange in 2011 with Damijan Merlak in his native Slovenia.

“We believe Bitcoin is here to stay,” explains Kodrič. “Our goal is to provide reliable easy to use service for companies and individuals to exchange Bitcoins.”

New wave of adoption

The monument personifies the wave of adoption that has swept the mainstream, beginning last year when Bitcoin price skyrocketed. There have been many other different indications that Bitcoin is widely accepted and understood across the global population.

For example, the Merriam-Webster Dictionary has added a host of cryptocurrency terms to its pages, including ICO and Blockchain.
Additionally, popular Talk Show host, Ellen Degeneres did a bit on her show where she aimed to explain Bitcoin to her diverse audience.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

#Cryptocurrency exchange

About the author

Darryn Pollock

Darryn Pollock is an award winning journalist from Durban, South Africa. He picked up Vodacom’s Regional Sports Journalist Award in 2017 while expanding his Blockchain and cryptocurrency reach. He is a contributor to Forbes, Cointelegraph, Binary District, and of course, U.Today. Darryn’s belief is that Blockchain technology will be the driving force of the next technological wave and it is the obligation of journalists and writers to tell its emerging story with integrity and pride.