$BTC Bitcoin (BTC) is not only the first cryptocurrency but also hides many interesting and unique things that few people know about:
1. The origin of the name "Bitcoin":
Few people know that the name "Bitcoin" may come from the combination of two words "bit" (the basic unit of information) and "coin" (currency). This combination reflects the digital nature of this currency.
2. The ability to be subdivided to an unbelievable extent:
Bitcoin can be divided up to 8 decimal places, with the smallest unit being 1 Satoshi (0.00000001 BTC). This shows the high flexibility of Bitcoin in transactions.
3. "Bitcoin Pizza Day" is not just a story about buying pizza:
The event of Laszlo Hanyecz buying 2 pizzas for 10,000 BTC on May 22, 2010, is not only the first commercial transaction but also a testament to the skyrocketing value of Bitcoin over time.
4. The ability to "mine" Bitcoin in the past:
In the early years, Bitcoin mining could be done with a regular personal computer. However, over time, the difficulty of mining has significantly increased, requiring specialized equipment.
5. Bitcoin and "halving":
The "halving" mechanism occurs approximately every 4 years, reducing the rewards for mining Bitcoin. This is designed to control supply and create scarcity, similar to precious metals.
6. The security of the Bitcoin network:
The Bitcoin network is secured by a distributed network of computers around the world. This makes it extremely difficult to attack or manipulate the network.
7. Bitcoin and "cold storage":
"Cold storage" is the method of storing Bitcoin offline, not connected to the internet.