What are the some crazy facts about crypto and bitcoin here is a research i did and found crazy data and facts that may shock you. This article include some facts from the first value of bitcoin and some worst deal made on bitcoin history.
The value of Bitcoin in early 2010, a year after its launch, was 2 cents per coin.
Bitcoins once gone cannot be recovered. If you send BTC to wrong address you won't be able to recover 'em.
The first merchant transaction using Bitcoin was made on 22 May 2010 by Laszlo Hanyecz, who paid 10,000 BTC in exchange for two Papa John’s Pizzas . ( the value of 10,000 BTC is more than $53 million now)
Blockchains do not have any middleman, which means the transaction costs are much lower in a blockchain as compared to the traditional banking system. This is why it is also called as decentralized Network.
Blockchain is the biggest technology evolution the world has seen after the Internet.
It’s physically impossible to ban crypto currency. No government and banks can take your bitcoin away from you.
Bitcoins are so popular that they get a social media post every 3 seconds.( on twitter specially )
As of 2015, 60% of Bitcoin holders were under 35 years age.
Satoshi Nakamoto, the so-called founder of Bitcoins, is said to own 980,000 BTC.
No one knows If satoshi Nakamoto is a person or a group.
What are the facts you heard about Bitcoin and other crypto ? Drop a comment.
Interesting facts indeed, thanks for the information