As if Bitcoin enthusiasts didn’t have enough to pilgrimage for, a second monument to the famously enigmatic Satoshi Nakamoto has materialized—like a rare Pokémon, but with even less evidence of its existence—this time on the misty, volcanic shores of El Zonte, El Salvador.
El Zonte, or “Bitcoin Beach” (imagine Malibu with fewer celebrities and more crypto wallets), has gained another tourist magnet identical to the first statue that emerged in Lugano, Switzerland. The air miles between the statues? A measly 9,625 kilometers. You know, just a quick hop for anyone with a private jet and questionable judgment.
El Zonte has long been ground zero for El Salvador’s “let’s-put-everything-on-21-million-coins-and-see-what-happens” experiment. When the government went full Bitcoin maximalist in 2021, this sleepy surf town suddenly found itself awkwardly in the geopolitical spotlight. One can only imagine the statuesque Satoshi looking out over the Pacific, pondering how the world’s oddest economic experiment landed him here.
NEW: A STATUE OF #BITCOIN CREATOR SATOSHI NAKAMOTO NOW RESIDES IN EL ZONTE, EL SALVADOR
LEGEND 🧡
— The Bitcoin Historian (@pete_rizzo_) April 15, 2025
Of course, statues don’t pump markets—unless you’re selling bronze futures—but they do get folks worked up on Twitter and, presumably, in telegram groups littered with rocket emojis. Many crypto diehards view the statue as proof that El Salvador hasn’t lost its nerve or forgotten where the “Buy” button is, even as its national Bitcoin wallet now holds 6,147.18 BTC—or roughly $523.5 million. Small nation, big bags.
Lest we forget, back in July 2022, President Nayib Bukele announced he’d picked up 80 BTC at $19,000 per coin—at a time when the market felt like a haunted house after Halloween. Depending on your risk preference, it was either the most courageous buy-the-dip moment of the century—to be taught in economics classes—or something that could get you forcibly removed from polite finance society.
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2025-04-15 19:26