5 facts about Bitcoin that will blow your mind

in #cryptocurrency7 years ago

Bitcoin is the future, and the future has many awesome facts, here are 5 of them:
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5.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 $120 million.Now as it recently seized Darknet markets Hansa and Alphabay(10 times the size of silk road) It is estimated the FBI has three billion US$ in seized Bitcoin.
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4.Physical Bitcoin
The same way there is a digital Bitcoin, there is also a physical Bitcoin, which is pretty much the same thing as the digital, and it also holds a piece of digital information. There are a little fewer companies and markets that deal with physical Bitcoins than the ones that are working with digital Bitcoins.

3.The computing power of the Bitcoin network is 7468 times higher than the one of the cumulative 500 world supercomputers
Indeed, the computing power of the whole Bitcoin network is estimated to 2 046 364 Pflop/s, against 274 Pflop/s for the cumulative 500 most powerful world supercomputers.

2.The first purchase made with bitcoins was for pizza
In May 2010, Laszlo Hanyecz made a forum post offering 10,000 bitcoins for two Papa Johns pizzas. At a price of around $41 this gave the first concrete valuation of one bitcoin at about $0.0041. Laszlo was more than happy with the deal as he had mined the bitcoin for essentially nothing. Some would say that $41 is too much for two Papa Johns pizzas. However, today those 10,000 bitcoin are worth more than $40 million nowadays.I just hope the pizza was good!!

Papa Johns Gift Card 2015.jpg

1.No one knows who created Bitcoin
Bitcoin was launched by a person (or people) known by the pseudonym Satoshi Nakamoto and hence, no one actually knows who developed it, from which country it is functioning and Is it handled by a single person or a group of developers. A mystery, yet to be solved.

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Really interesting!!

Nice one, i especially like the 3rd one, though hardly a surprise with these insane mining farms, still a huge number!

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