You already heard about bitcoin and you know that it is a cryptocurrency. But today we will reveal 5 mind-blowing facts about Bitcoin that every bitcoin lover must know.
5 Bitcoin Facts that will Stun you
Let’s deep dive into the amazing facts of Bitcoin.
A Pizza was bought worth 10000 Bitcoin.
Ha Ha. You read it correctly. A pizza was bought on May 22, 2010 worth 10,000 BTC. This day is celebrated as Bitcoin Pizza Day. The price today will be around $71385100. At that time the amount was equal to $41. This simply tells how bitcoin can help you to become a billionaire.
There will only ever be 21 million bitcoins.
Approximately every 10 min a bitcoin is mined. But the system of bitcoin is created in such a way that only 21 million bitcoin can be mined. After that, no new bitcoin will be created only the existing bitcoin will be circulating.
It is expected to be mined in the year 2140. But I don’t think you will live till then. Just kidding! I meant that it is the correct time to invest in bitcoin.
Bitcoin can’t be banned.
Bitcoin is a decentralized and public ledger. It means that it is controlled by the public, not any central authority.
If any country tries to ban cryptocurrency they will have nothing to trace the transactions.
Remitano is also a website that promotes peer to peer transactions. No government can interpret in your transaction.
The Founder of Bitcoin is anonymous.
Satoshi Nakamoto is the founder of bitcoin. Everybody speaks about it but no one has seen satoshi. We don’t even know that if satoshi is a girl, boy or a group of peoples.
In the past after the bitcoin price hike, many peoples have claimed that they are satoshi Nakamoto, but all of them were fake.
It is impossible to hack Bitcoin.
Bitcoin uses blockchain technology for security. It is impossible to hack bitcoin blockchain as it is such a huge chain of blocks. Longer the blockchain is more difficult to hack.
New cryptocurrencies can be hacked with a 51% attack as they have small blockchain. It’s a different topic we will discuss it some other day.
Now that we know some of the amazing facts about bitcoin, its time for some cool bonus. Let’s unbox it and smile.
Bitcoin can make you a billionaire in future
In 2010 the bitcoin price was $0.8 but today in the year 2019 it is around $7500. Bitcoin price even touched $20000 in the year Dec 17, 2017. So it is no doubt that bitcoin is the most profitable investment today. The scarcity of bitcoin will help you to of course become a billionaire.
So excited to become rich. Visit here right now and become a proud owner of the bitcoin.