Bitcoin is the forerunner of the crypto-madness that continues. Mining and trading in cryptocurrencies is gaining in importance every day, despite daily fluctuations in value. However, it all starts and ends with this cryptocurrency. I’ll write you 5 things you may not have known about Bitcoin.

Bitcoin is the most popular cryptocurrency and also a payment system around the world. It is also the most influential cryptocurrency since it is the first digital decentralized currency in the world. And while its value in 2009 when it appeared was equal to zero (after which it was worth as much as $ 0.003), today its value is around $ 18,000.

Who would say that a futuristic idea realized in 2009 today will be one of the fastest growing businesses in the world. This is due to the mysterious Satoshi Nakamoto who created the currency, but his true identity is unknown. Despite the fact that this is a cryptocurrency that has entered the mainstream, so now a pensioner in the park knows about cryptocurrencies, some things are not so well known. Here are 5 things you probably don't know about Bitcoin:

5. You could pay college with Bitcoin

In the time before the incredible jump in the value of Bitcoin, it was fashionable to use this cryptocurrency as regular money. It was interesting how you can eventually buy something by mining. Thus, in 2013, the University of Nicosia, one of the largest English-language colleges in the Mediterranean, began accepting Bitcoin as a means of paying tuition fees. You were soon able to pay for education at colleges around the world, which was a kind of revolution. However, we doubt that anyone would now dare to receive Bitcoin at a time when its value varies extremely. However, if you have a surplus Bitcoin, and you want higher education, we are sure you will find a college that accepts it.

4. The first Bitcoin transaction is - pizza

Perhaps the first Bitcoin transaction occurred on May 22, 2010 when developer Laszlo Hanyecz paid for a pizza with 10,000 Bitcoins. If it were translated into a course when Bitcoin was worth the most, this pizza would be worth about $ 200 million! However, at that time, this transaction was worth about 25 dollars, and Laszlo really ate pizza for all the money.

3. The Hague has a Bitcoin street

The Netherlands is always among the first in the world to accept new trends, so is the case with Bitcoin. There is a popular Bitcoin boulevard in The Hague, where there are shops and restaurants that accept Bitcoin. Believe it or not, this street was opened in 2014. with state support. Soon, streets like this opened up in several American cities. However, with the sharp changes in the value of Bitcoin, we do not believe that someone is ready to pay for lunch and after an hour realize that he paid for it in the value of new cars.

2. Bitcoin transactions are (are not) anonymous

One of the most attractive features of Bitcoin is the possibility of anonymous transactions. However, that is not entirely true. Although the same transactions are conducted anonymously, perfect anonymity does not exist because everything is recorded using blockchain technologies. In this way, it is possible to trace the transaction and the money used. If your wallet connects to your data, you will need all transactions. Admittedly, if you use alternative data and email addresses, detection is much more difficult, but not impossible.

1. The largest Bitcoin transaction in history

The largest recorded transaction in Bitcoins contained 194,933 coins. If we are guided by the current exchange rate of this cryptocurrency of about 18,000 dollars, this transaction would be worth about three billion dollars today! There is an even more incredible, of course, unconfirmed fact, that the largest transaction is the entire 500,000 Bitcoins, and today's value of this transfer would be an incredible nine billion dollars! You just wish you had bought a hill of Bitcoin on time, 9-10 years ago, right?

And that's not all from

Bitcoin Despite the many risks involved in entering the cryptocurrency business, many still decide to start mining and trading. One of the biggest costs, in addition to buying strong configurations, is the consumption of electricity. It is already assumed that more electricity is used for mining in the world than the current consumption of Ireland. Iceland is already facing a possible shortage of electricity due to excessive mining. To all this should be added the risk that the investment will never return due to large changes in the value of cryptocurrencies, and above all Bitcoin. However, if you have the desire and the money, go ahead!

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@GreenOasis