/biz/ - Business & Finance

1.Bitcoin creator, Satoshi Nakamoto, is still a mystery figure.

2.Bitcoins are limited in number.

3.It’s impossible to know the sender/receiver details.

3.Pizza was the first thing (good) purchased using bitcoin.

4.Bitcoin network is much powerful than supercomputers according to the experts, Bitcoin networks has a computing power of 2,046,364 Pflop/s. This is my personal favorite fact about bitcoin. If you go ahead and combine the computing power of the 500 most powerful supercomputers, you’ll get a combined fever of 274 Pflop/s.

5.Bitcoin has been sent into outer space. In 2016, Genesis Mining, a bitcoin cloud mining provider, set bitcoin to space. This was done using a 3D bitcoin model and a bitcoin paper wallet, which were tied to a weather balloon. The whole journey was recorded using a GoPro focused on the model and wallet. Once the weather balloon reached a height of 20 kilometers, the ground team made the transaction to a paper wallet. Another transfer was made to the wallet once it achieved the maximum possible altitude of 34 km.

6.A bitcoin transfer is an irreversible transaction of bitcoin. However, against popular sentiment, bitcoins are only used for less than 1% of the world's time (source: NY Times).

7.The FBI has one of the world’s largest bitcoin wallets. When the FBI shut down the operations of the Silk Road, it also seized the owner’s assets. In that process, the FBI also became one of the world’s wealthiest bitcoin owners, A report from the Wired magazine claims that the FBI controls as much as $120 million.

8.Losing a bitcoin wallet means losing those bitcoins just like you save your money in your online bank account.

9.You can gamble via Bitcoins on EarnBet-an online licensed decentralized casino and require NO KYC in the process. Its house edge is transparent and can be verified via the Blockchain. Try it out:- https://guest.link/WZ7

10.Bitcoin is highly volatile.