Italian town celebrates Bitcoin creator with monument

Local artist Mattia Pannoni’s monument to Satoshi Nakamoto will be revealed in Fornelli’s Piazza Umberto I on 1 May.

The town of Fornelli in Italy will unveil a monument to Bitcoin creator Satoshi Nakamoto on May 1, designed by local artist Mattia Pannoni.

Fornelli, a town in Molise, will unveil a monument to Satoshi Nakamoto, the pseudonymous creator of Bitcoin.

The artwork, designed by local artist Mattia Pannoni, will be revealed on 1 May 2025, following a Facebook announcement from the municipality.

Known for its high Bitcoin adoption rate among its 1,800 residents, Fornelli is financing the project through local government funds.

Mayor Giovanni Tedeschi emphasised the importance of embracing new ideas. He particularly highlighted those from the younger generation in shaping the town’s future.

The identity of Satoshi Nakamoto, the mysterious figure behind Bitcoin’s creation, remains unsolved. Many artists have attempted to capture Satoshi’s image, often portraying a faceless figure working on a computer or wearing a hoodie.

Fornelli’s monument is expected to follow this tradition, reflecting the enigma surrounding Nakamoto’s identity. The artwork will be displayed in the Piazza Umberto I.

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