facts of bitcoin

in #cryptocurrency7 years ago
  1. It is the leading form of cryptocurrency in the world.
  2. The founder’s identity hasn’t been completely confirmed.
  3. The number of coins in existence will never exceed 21 million.
  4. It is impossible to know sender/receiver details by use of bitcoin address.
  5. Bitcoin is often used for illegal purchases on the dark web.
  6. It is accepted by the world’s leading tech giants.
  7. The first bitcoin transaction involved 10BTC.
  8. 2017 is the year the bitcoin hit a record high.
  9. Some countries consider bitcoin illegal.
  10. One cannot reverse a bitcoin transaction.
  11. There is transparency.
  12. Pizza worth 10,000 bitcoins
    About a year after the inception of the bitcoin, the first-ever recorded purchase using the currency was at a pizza store. The buyer used Bitcoins he mined with his computer to make the purchase. At that time, the price of the pizza was $25 USD.
  13. Losing bitcoins without a trace is possible
  14. No single entity has control over the currency.

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