๐น 1. First Cryptocurrency Ever
Bitcoin was the first decentralized cryptocurrency, launched in 2009 by an anonymous person or group known as Satoshi Nakamoto.
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๐น 2. Limited Supply
There will only ever be 21 million BTC โ this limited supply makes it scarce like digital gold.
As of now, over 19.7 million BTC have already been mined.
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๐น 3. Halving Reduces Rewards
Every 4 years, Bitcoin goes through a "halving" event โ mining rewards are cut in half.
This reduces the rate of new BTC and is designed to control inflation.
The next halving is expected in 2028.
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๐น 4. First BTC Transaction Was for Pizza ๐
On May 22, 2010, a developer named Laszlo Hanyecz bought 2 pizzas for 10,000 BTC.
That day is now celebrated as Bitcoin Pizza Day.
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๐น 5. BTC Is Legal in Many Countries
Bitcoin is legal in most countries, and is even legal tender in El Salvador since 2021.
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๐น 6. Bitcoin is Open Source
Anyone can view or contribute to Bitcoinโs code. Itโs maintained by a decentralized group of developers.
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๐น 7. Lost BTC is Gone Forever
If you lose your walletโs private