Here are some lesser-known and fascinating facts about Bitcoin that go
đš 1. The Last Bitcoin Will Be Mined in 2140
Bitcoin has a hard cap of 21 million coins. Due to halving events (which reduce miner rewards every ~4 years), the final bitcoin wonât be mined until around 2140.
đš 2. 1 Million Bitcoins Are Likely Lost Forever
Itâs estimated that about 20% of all Bitcoinsânearly 4 millionâare permanently lost. This includes Satoshi Nakamotoâs 1 million BTC, and others lost due to forgotten passwords or lost hard drives.
đš 3. Bitcoinâs First Real-World Transaction Was for Pizza
On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 BTC for two pizzasâworth over $600 million today. This day is now celebrated as Bitcoin Pizza Day.
đš 4. Bitcoin Can Be Sent Using Radio or Satellite
You donât need the internet to send Bitcoin! Using radio waves or Blockstream satellites, Bitcoin transactions can be sent and received in remote or censored areas.
đš 5. Bitcoinâs Blockchain Has Hidden Messages
The very first block (Genesis Block) contains this message:
âThe Times 03/Jan/2009 Chancellor on brink of second bailout for banks.â
Itâs a reference to the 2008 financial crisis and a statement about Bitcoinâs purpose.
đš 6. Satoshi Nakamoto Has Never Spent His Bitcoins
Despite owning over 1 million BTC, Satoshiâs coins have never been moved or spent. This adds to the mysteryâand credibilityâof Bitcoinâs decentralized design.
đš 7. Bitcoin Isnât Completely Anonymous
Bitcoin is pseudonymous, not anonymous. Every transaction is recorded on a public ledger. With the right tools, wallets can often be traced back to individuals.
đš 8. The FBI Owns a Lot of Bitcoin
The FBI has seized large amounts of Bitcoin over the years from criminal investigations (like the Silk Road case).
đš 9. No One Can Truly Shut Down Bitcoin
Bitcoin is a decentralized network with nodes around the world. Even if governments ban it, the protocol can still run anywhere with a power source and satellite or offline relay.
