TOP 10 FACTS ABOUT BITCOIN!
Here are some facts about Bitcoin that you may never have heard.
The owner of Bitcoin is Mystery.
There were several claims about the owner of Bitcoin, For E.g.:- Craig Wright in December 2016 claimed publicly that he is the owner of Bitcoin and he is Satoshi but unlike many he was also a fraud.The first transaction done using Bitcoin was done to order a Papa John’s Pizza!
On 22 May 2010, two Papa John’s Pizza was exchanged for 10,000 BTC by Laszlo Hanyecz.
At that time, the worth of 10,000 BTC was $41, and today the worth of 10,000 BTC was $185,490,050.The Bitcoin of Transaction is done anonymously.
During a transaction, name and identity are not used in any form. Only once Publics Address is shown.No. of Bitcoins are finite, they are not infinite.
Many people think that if BTC is a cryptocurrency, then it is unlimitedly available, but the truth is that there are exact 21 Million BTC, if bitcoins were unlimited then the worth it is holding right now, it would have not been possible.If once you lose the passcode or security key to you BlockChain account then all the bitcoins the person hold will be lost forever. So all most 64% of bitcoins have been lost and can never be used again.
FBI own 1.5% of the bitcoins.
Bitcoins cannot be banned and it does not run by any government.
You can also buy goods and service using BTC. Many MNC’s such Dell, Microsoft, etc. use BTC as a mode of payment.
Bitcoin is illegal in Saudi Arabia, Bolivia, Kyrgyzstan, Ecuador and Bangladesh.
Bitcoin is an open source and can be used by anyone. Once all bitcoins are minted, transaction fees can drive miners.