- Main event, impact on Bitcoinโs symbolic value.
- Reward offered for statue recovery.
- Community reinforces commitment to Bitcoin symbolism.
The Satoshi Nakamoto statue in Lugano, Switzerland was stolen and later found vandalized in Lake Lugano. Satoshi Gallery offers a 0.1 Bitcoin reward for recovery information, highlighting the communityโs resilience amid symbolic attacks.
Satoshi Gallery announced that the Satoshi Nakamoto statue was stolen on August 2, 2025, in Lugano, Switzerland, and swiftly recovered after being found vandalized near Lake Lugano.
The theft highlights the local, symbolic importance for Bitcoin enthusiasts, emphasizing a continued commitment to the digital currencyโs ideals.
Satoshi Gallery offered a reward of 0.1 Bitcoin for information leading to the statueโs recovery, demonstrating their dedication. The piece, created by Valentina Picozzi, was taken from Lugano and was found in pieces after being vandalized. Following the incident, municipal workers unearthed the statue from Lake Lugano. Satoshigallery confirmed the statueโs status on its official Twitter account, affirming community resolve.
โYou can steal our symbol, but you will never be able to steal our souls.โ โ Satoshigallery, Satoshi Gallery
The immediate effect on Bitcoin was mainly symbolic. The theft did not disrupt the financial market, demonstrating the eventโs limited impact on crypto assets. Social media reactions mostly expressed unwavering support for the projectโs restoration. The use of Bitcoin in announcing the reward underscored the cryptocurrencyโs cultural significance. The possibility of increased protection and monitoring of similar public installations may reflect a growing recognition of Bitcoinโs symbolic importance.
This incident, unique in its isolated impact on community symbolism, prompted public discussion, focusing more on cultural and symbolic matters rather than financial concerns.
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