Most People Are Clueless About These 10 Crypto Realities
Bitcoin has a limited supply
There will only ever be 21 million Bitcoins—once they're mined, that's it. Scarcity is built into the code.
The creator of Bitcoin is still anonymous
The identity of Satoshi Nakamoto, the person or group who created Bitcoin, has never been confirmed.
Lost crypto is gone forever
If you lose access to your private keys or wallet, your crypto is irretrievable. Billions of dollars worth of crypto are permanently lost this way.
$ETH is more than just a currency
It’s a platform for building decentralized apps (dApps), not just a coin for transactions.
Crypto mining uses more power than some countries
Bitcoin mining consumes more electricity annually than entire nations like Argentina or the Netherlands.
There are over 20,000 cryptocurrencies
Not all are legit or useful—many are copycats or scams.
Smart contracts are self-executing
Once conditions are met, they automatically carry out terms without human involvement.
Crypto is taxable
In many countries, including the US and South Africa, crypto gains are subject to capital gains tax.
Some coins are deflationary
Coins like $BNB and $SHIB regularly “burn” tokens to reduce supply and increase value.
You can earn crypto without buying it
Through staking, airdrops, play-to-earn games, or even learning about crypto via platforms like Binance.
@Signalysis
603.93
+0.9%
0.0000
