Curious facts about Bitcoin $BTC
•Mysterious creator
Bitcoin was created in 2009 by a person (or group) under the pseudonym Satoshi Nakamoto. To this day, their identity remains unknown.
The first purchase with Bitcoin was a pizza
On May 22, 2010, Laszlo Hanyecz bought two pizzas for 10,000 BTC. This event is celebrated every year as Bitcoin Pizza Day.
Limited supply: only 21 million
There will only ever be 21 million bitcoins. This amount can never increase, making it a deflationary asset.
Millions of bitcoins are lost
It is estimated that about 20% of mined bitcoins are inaccessible due to lost private keys or forgotten wallets.
The first block had a hidden message
The genesis block, mined by Satoshi, includes the message:
“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”.
It is a critique of the traditional financial system.
Mining in cold regions
Countries like Iceland are popular for Bitcoin mining because the cold climate helps cool the equipment and electricity is cheap.
It is not 100% anonymous
Although many believe it is, Bitcoin is pseudonymous. All transactions are public and can be traced.
Extreme price fluctuations
In 2010, 1 BTC was worth less than $0.01 USD. In November 2021, it reached an all-time high of nearly $69,000 USD.
