Side iKrish

Here are some lesser-known and fascinating facts about Bitcoin that go beyond the basics:
🔹 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 won’t be mined until around 2140.
🔹 2. 1 Million Bitcoins Are Likely Lost Forever
It’s estimated that about 20% of all Bitcoins—nearly 4 million—are permanently lost. This includes Satoshi Nakamoto’s 1 million BTC, and others lost due to forgotten passwords or lost hard drives.

🔹 3. Bitcoin’s First Real-World Transaction Was for Pizza
On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 BTC for two pizzas—worth over $600 million today. This day is now celebrated as Bitcoin Pizza Day.

🔹 4. Bitcoin Can Be Sent Using Radio or Satellite
You don’t need the internet to send Bitcoin! Using radio waves or Blockstream satellites, Bitcoin transactions can be sent and received in remote or censored areas.

🔹 5. Bitcoin’s Blockchain Has Hidden Messages
The very first block (Genesis Block) contains
“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”
It’s a reference to the 2008 financial crisis and a statement about Bitcoin’s purpose.
🔹 6. Satoshi Nakamoto Has Never Spent His Bitcoins
Despite owning over 1 million BTC, Satoshi’s coins have never been moved or spent. This adds to the mystery—and credibility—of Bitcoin’s decentralized design.

🔹 7. Bitcoin Isn’t 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.

🔹 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). For a time, the U.S. government was among the largest holders of BTC.

🔹 9. Bitcoin Has Survived Over 450 Obituaries
Major media outlets and critics have declared Bitcoin “dead” 450+ times (and counting). Despite volatility, it keeps coming back stronger.

🔹 10. 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

#bitcoin #Bitcoin❗ $BTC