The New York Stock Exchange (NYSE) has just become the sixth residence of Valentina Picozzi's "disappeared" Satoshi Nakamoto statue—marking a stark contrast to Wall Street's previous taboo attitude towards cryptocurrency.
According to a post by the NYSE on X on Wednesday, the NYSE is seen as the center of traditional financial institutions, and the inclusion of a Satoshi statue signifies its role as a "shared stage between emerging systems and established institutions."
The statue was installed by the Bitcoin company Twenty One Capital, which began trading this week; however, its design is by artist Valentina Picozzi. She expressed on X through her Satoshigallery account that it is "shocking" for her latest work to arrive at such a significant location.
"This is truly an incredible achievement; we never imagined in our wildest dreams that we could place a statue of Satoshi in this position! The 6th of 21 Satoshi statues has found a home at the NYSE," she added.
This coincides with the anniversary of the Bitcoin mailing list, which was initiated by Satoshi Nakamoto on December 10, 2008.
Satoshi mined the genesis block on January 3, 2009, minting the first 50 bitcoins in history, sowing the seeds for the cryptocurrency industry we see today.
More than a year later, on May 22, 2010, programmer Laszlo Hanyecz made the first recorded purchase of goods with Bitcoin, buying two Papa John’s pizzas for 10,000 bitcoins.
In the following years, Bitcoin and cryptocurrencies faced numerous challenges, with institutions and banks shying away from them, and governments allegedly attempting to suppress them through actions like Operation Chokepoint 2.0.
However, the tide has since turned, with skeptics (such as BlackRock CEO Larry Fink) changing their views on the technology, and institutions and Wall Street rushing to invest through tools like exchange-traded funds and by holding Bitcoin directly in their vaults.
According to Bitbo, public and private companies, nations, and ETFs now collectively hold over 3.7 million bitcoins, valued at over $336 billion.
Picozzi has five other Satoshi statues around the world, located in Switzerland, El Salvador, Japan, Vietnam, and Miami, Florida, USA.
Picozzi stated through her Satoshigallery account that she is committed to establishing 21 statues globally, which may refer to Bitcoin's theoretical maximum supply of 21 million coins.
In an interview with Cointelegraph last year, she said that Satoshi is one of the most intriguing and captivating figures of our time, and these statues are a tribute to the person behind Bitcoin.
"The statue itself hopes to give viewers a sense of disappearance, as well as the imagery of the inventor hidden between the lines—up to today, Satoshi exists in the lines of Bitcoin code, granting humanity the first decentralized payment system."
Related: Under pressure from weak sales and declining Bitcoin (BTC) profits, GameStop's third-quarter earnings fell short of expectations.
Original: “Satoshi Nakamoto Statue Settles at NYSE, Signifying a Shift in the Era”
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