Bitcoin founder statue – level 1

23-09-2021 07:00

Bitcoin is the world’s first digital currency. Bitcoin is the name of the money. It starts in 2008. It happens after a very bad money problem for the whole world. The idea for Bitcoin is to buy and sell things without banks.

Satoshi Nakamoto is the founder of Bitcoin. That is not the real name. Nobody knows who the founder really is.

Two artists make a statue of Nakamoto. The statue is in a business park in Budapest, Hungary. The statue has no face.

The statue has a hoodie with a logo of Bitcoin. The artists say that it is not easy to make the statue. They make a statue of somebody who they do not know.

Difficult words: digital currency (money which people use for buying and selling things on the Internet), founder (a person who starts a company or business), logo (a special design which a company uses on its products, cars, and so on).

You can watch the original video in the Level 3 section.

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