«7 Interesting Facts About Digital Currency

This time everyone seems to know what cryptocurrency is. Everyone including babies and elderly person is perfectly aware that this digital cash is considered money of our happy and bright future.

Everyone seems to love cryptocurrency, because it’s made the real financial revolution, which promises our independence and prosperity. Gamblers love digital cash, because it’s lately become one of the supported payment methods at many online casinos.

But there are still things that you probably don’t know about digital currency. Do you want to check what you know and what you don’t know about it? Below you’ll find seven interesting facts about cryptocurrency.

1. No one has ever seen the creator of bitcoin

What do we know about the creator of the most popular digital cash? Actually, only his name or pseudonym - Satoshi Nakamoto. The most interesting thing is that we don’t know how this Satoshi looks like and how many people are united under this name. The legend says that Satoshi didn’t ever want to invest his product, which became the first digital currency in the world. He just wanted to create some decentralized currency system. At the moment Nakamoto is rumored to have about 1 million Bitcoins!

2. One unit of Bitcoin is called after its creator’s name

It’s hard to believe but still not all people have the slightest clue that Satoshi is the smallest part of one Bitcoin. Another name of this unit is millibitcoin. It is 0.00000001 bitcoin, in other words, one hundred millionth part of it. And it’s still huge money, if you remember how much one Bitcoin costs.

3. The most expensive pizza cost 10,000 Bitcoins

This story happened about eight years ago, in May 2010. A programmer from Hungary named Laszlo Hanyecz made his first purchase via bitcoins. It was a purchase of two pizzas from Papa John’s and they cost Laszlo 10,000 Bitcoins. It was quite long ago, wasn’t it? At that moment one bitcoin didn’t cost much. And if this purchase had been made today, those pizzas would have cost about $180 mil! Do you want a slice of pizza worth several millions?

4. If you lose your cryptocurrency wallet, you lose all your cryptocurrency too

Yes, that’s right. You’ve understood it correctly. If you’ve suddenly lost your precious crypto wallet and its private key, you can forget about all the money you had on it. That’s why it’s necessary to make a safe copy of your own crypto address and keep it somewhere in a very safe place. When you do that, you can spend your digital cash on everything you want, for example, on playing at online casinos.

5. There are more that 6 million crypto wallets in the world

It’s impossible to say exactly, how many crypto wallets there are in our world, its exact quantity seems to be as mysterious as the name of creator of bitcoins. What we know for sure that the quantity of existing cryptocurrency wallets is between 6 and 12 million.

6. Bitcoin is greatly loved by the FBI

Almost all of us are scared to hear “This is the FBI, freeze!”. But now those FBI agents say something new. The first thing they’ll ask you is about your cryptocurrency wallet. What’s more, the FBI is rumored to be an owner of the largest Bitcoin wallet. Its value is reported to be about $120 million!

7. There is the highest level of bitcoins!

The last fact about bitcoins seems to be the most unexpected one. The world doesn’t have the infinite quantity of bitcoins. Their final number is 21 million and not a satoshi more! If bitcoins are still mined till 2140, the last unit of this cryptocurrency will be mined. And no a single new bitcoin will be available.

Conclusion

That’s the facts we know about bitcoins. We think that they are quite interesting and unexpected. Do you know any new facts which are not enlisted here? If you do, please share them with us, because we like to know more about digital currency.