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The First Bitcoin Statue to Be Unveiled in Kranj, Slovenia

The First bitcoin Statue to Be Unveiled in Kranj, Slovenia
The First bitcoin Statue to Be Unveiled in Kranj, Slovenia

While the emergence of bitcoin might not have the same historical pedigree as events like civil wars, national independence, or other landmark events, bitcoin and the blockchain has joined the ranks of things to have monuments constructed to commemorate them.

Monuments have always been an integral part of the preservation of important figures and events. All throughout history, man has always felt the need to erect structures that embody defining moments of human civilizations. From statues of religious figures to monumental architectural structures and the occasional abstract creations, the world is dotted with culturally and historically significant monuments.

Round About Kranj

The Medieval city of Kranj, the fourth largest municipality in Slovenia is set to become the first city in the world to have a bitcoin monument. The project is the brainchild of the city administration in conjunction with 3fs and Bitstamp. The commissioning ceremony for the monument is expected to take place on Tuesday, March 13, 2018, by 3 pm local time. The dignitaries who are expected to commission the bitcoin monument are the Mayor of the city, Boštjan Trilar, the Secretary to the Slovenian Government, Tadej Slapnik, and the President of the Slovenian bitcoin Association, Jure Pirc.

A Few Details About the Monument

The bitcoin statue is located at Staneta Zagarja Street, at the roundabout that connects Oldhamska and Gregorčičeva. The placement of the statue in a roundabout is meant to symbolize the decentralized nature of bitcoin and the blockchain. It also embodies the ability of bitcoin and blockchain technology to create better connectivity. A roundabout offers access to multiple points, something that is a defining philosophy of the blockchain movement. The choice of the roundabout on Staneta Zagarja street was due in part to the fact that it isn’t a central location and this adds to the message of decentralization that the monument is supposed to embody.

The actual monument is made of a rustic looking metallic material and consists of the bitcoin currency symbol inside an inclined metallic ring. The statue is supposed to position Kranj and a city that embraces openness and progressive thinking. Slovenia as a country considers itself to be strongly pro-crypto. The country is a tax haven for cryptocurrency and blockchain companies and as such, has been attracting investment for a number of years. Investors have even been known to call Slovenia the ‘Silicon Valley of Europe.’

Proud Slovenian bitcoin Statue inside traffic junction 🙂https://t.co/YoF9kaBxfc#bitcoin #BTC #cryptocurrency #slovenija #Bitstamp pic.twitter.com/Y3vT2pV66L

— Gokic (@Gokic3) March 11, 2018

Cryptocurrency Artwork

While this is reportedly the world’s first ever bitcoin monument, there have been a number of cryptocurrency-themed artworks that have been created within the last few years. Perhaps one of the most iconic crypto-themed artworks is “the last bitcoin supper” painted by French visual artist Youl. The painting depicts a reimagining of Leonardo Da Vinci’s famous Last Supper fresco using bitcoin themes like QR codes and laptops.

At the center of the frame is the mysterious figure of Satoshi Nakamoto, the unknown creator of bitcoin. Many other cryptocurrency-themed artworks revolve around artistic representations of notable figures like Satoshi or important elements like wallets, and the distributed ledger.

The post The First Bitcoin Statue to Be Unveiled in Kranj, Slovenia appeared first on BTCMANAGER.

bitcoin Conference New York 2018/Blockchain Cocktail by HOQU & Grand Private Equity

Date: March 21, 2018

Time: 6 p.m.

Location: The Flat NYC – Event Space 23 W 24th St, New York, NY 10010

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Top experts of the world will discuss core topics of digital and address upcoming trends in 2018 as well as regulatory framework and the best practices used in different parts of the globe. Prominent speakers, success stories, positive vibe, new and helpful connections are waiting for you.

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Best regards,

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This is a paid press release. BTCManager does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. BTCManager is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Stay Away! Denmark Bank Chief Calls Bitcoin ‘Deadly’

The governor of Denmark’s central bank has issued an unexpectedly harsh warning about bitcoin, describing it as “deadly.”


bitcoin Arena’ Not Enough To Persude Central Bank

In an interview with state media outlet DR, Lars Rohde emphatically told citizens to “stay away” from bitcoin, becoming a further figure to compare the cryptocurrency to 17-century Tulip Mania.

“You have to stay away. It is deadly,” he said.

Denmark

“It’s an effective way of playing around. So if you do not like casinos, you’ve got a good alternative.”

While banking figures lambasting bitcoin as a bubble remains hardly unusual, Rohde’s perspective marks a particularly vivid case in point.

Authorities’ inability to create a steady narrative on cryptocurrency regulation has become a noticeable phenomenon in recent months, Russia and South Korea leading the trend of contradictory statements.

Such episodes have occurred even in permissive jurisdictions where cryptocurrency interaction is both comparatively advanced as officially sanctioned.

Denmark became a prime example just last week, as bitcoin Suisse announced its three-year sponsorship of major league hockey team Rungsted Seier Capital.

As part of the arrangement, Rungsted’s top player is due to receive his salary in bitcoin, while the team’s home stadium will be renamed “bitcoin Arena.”

Rohde: bitcoin Is ‘A Bubble Out Of Control’

In official circles, however, it appears such enthusiasm is yet to be shared.

“I see bitcoin like Tulip Mania, a bubble out of control,” Rohde continued.

…It is the responsibility of the individual. And if we are to do anything, then it is consumer protection to say that it is entirely off your own bat and you should not come complaining to us if it goes wrong.

As bitcoin approached $20,000, several bank warnings surfaced late last week.

Stephen S. Poloz, governor of the Bank of Canada, went as far as to say the “noise” around cryptocurrency in general “kept him awake at night,” while similarly reiterating the lack of control investors have over the value of their holdings.

“…It’s often forgotten that the cash provided by a central bank is the only truly risk-free means of payment,” he told audience members at a talk in Toronto.

What do you think about Lars Rohde’s perspective on bitcoin? Let us know in the comments below!


Images courtesy of Shutterstock,nationalbanken.dk

The post Stay Away! Denmark Bank Chief Calls Bitcoin ‘Deadly’ appeared first on Bitcoinist.com.