INTRESTING FACT OF "BITCOIN".
Image source: www.thefactsite.com
Some basic fact
It is a from of virtual currency or digital currency.
You can not to feel and touch it.It was intruduced in January 2009,as a open source softwer.
No singel person and organisation controls bitcoin.
The data for all the bitcoin transaction is transparent.
Some intresting fact
It was designed by a person name Satoshi Nakamoto.
The first item to be purchased using bitcoin was pizza, on May 22, 2010. And the day is calebrated as a BITCOIN PIZZA DAY since.
On May 22, 2010,a developer from Florida bought two pizzas for 10,000 Bitcoins, which was around 25$ at that time. Aguy from UK made the order to the developers home address and took the crypto fund.Today, 10,000 whould be wroth around 78- million this could buy so many pizza.
A Norwegian student bought $27 worth of Bitcoin and forgot about the transaction. After a few year, he found that his Bitcoins were worth $886,000.
Around 1800 Bitcoin generated from mining every day.
James Howells, who works in IT, created 7500 Bitcoins in 2009 without so much effort.However, he didnt realize the importance of that wallet, and therw away tje hard drive. The hard from hi Dell laptop should be somewhere in the trash in Wales landfill. 7500 Bitcoins worth almost $60 million today.
The top 5 Bitcoin miners hold around 70% of the total hash power.
The last Bitcoin will be supposedly mine in 2140.
Some experts expect Botcoin reach $100,000 and even go beyond. Under such conditions, the total market cap od BTC will be measured in trillions.
For the first time, Bitcoin reached parity with the US dollar on February 9, 2011.
Bitcoin value has multiplied 879,999 times from 2010 to 2017.
The Faderal Bureau of Investigation owns 1.5% of the worlds Bitcoins.
64% Bitcoins have never been used and might never be used.
Around 5% of the Bitcoins economy is active on silk road online black market.
The first big Bitcoin acquisition was worth $11.5 million for 126,315 bitcoins. This is known as the satohiDice.
A person by the name NAKOWA won 11,000 Botcoins worth $1.3M back in 2013 on gambling site.
Refund are not possible on bitcoin transactions.
All data from Bitcoin transactions are transparent and can be seen on Blockchain.
17 million bitcoins are expected to be use in 10 years.
Roger ver (52 million bitcoin), charlie shrem (45 million bitcoins), Dave carlson (35 million bitcoins) are some of the Bitcoins Milloinaires today.
Thanks for reading may post
@hirshan.