BITCOIN
5 Cool But Little Known Facts About Bitcoin

2018-04-05 03:36:59
by Dominic Brown
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Check out these cool facts about bitcoin.

Check out these cool facts about bitcoin.

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No one knows who the mystery figure behind bitcoin is

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The creator of bitcoin goes by the pseudonym, Satoshi Nakamoto. However, since bitcoin was launched in 2009, no one has been able to establish the true identity of Satoshi Nakamoto. It is estimated that the founder of bitcoin owns around 1 million bitcoins which are now worth billions of dollars.

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The FBI owns a lot of bitcoin

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When you think of who owns the most bitcoins, you may not think of the FBI. However, this government agency is the owner of one of the largest bitcoin wallets on the planet. This is thanks to a series of raids on websites who are using bitcoin as a means of receiving payment for illegal goods such as Silk Road. It is estimated that the FBI holds around $120 million in bitcoin.

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Someone spent 10,000 bitcoins on a pizza

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One of the first transactions carried out using bitcoin was the payment of 10,000 bitcoins for a pizza. In 2009 when the payment was made, the bitcoins had a value of around $25. Today they would be worth considerably more.

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The bitcoin network is more powerful than the most advanced supercomputer

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The combined computing power of the bitcoin network far exceeds the power of the world’s most advanced supercomputer.

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Bitcoin has been to space

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In 2016, a bitcoin mining company called Genesis decided to send bitcoin into space using a weather balloon. A paper wallet was attached to the balloon which then reached the edge of space at the height of 34km.

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