Things you definitely didn’t know about Bitcoin - Capital Business
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The father of cryptocurrencies has not always been so famous and although it is now seen as an alternative to physical money it was not until 2013, when it reached a thousand dollars and equaled the price of an ounce of gold, that all eyes fell on it/FILE

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Things you definitely didn’t know about Bitcoin

Cryptocurrencies are becoming more and more known, more people are investing in them, new ones are constantly appearing and it is not unusual for new news to appear in the media day after day.

 

Although today, there are countless cryptocurrencies, Bitcoin is still the first, the best-known and the one that generates the most expectation when using a GRID bot to invest automatically.

 

Today, we are going to review some of the curiosities about Bitcoin that you did not know, it is likely that you will find more than one surprising.

 

The Most Curious Anecdotes About Bitcoin

 

  • In Ukraine, a family baptized their son with this original name.
  • There are artists who already charge in this currency, Mel B of the Spice Girls is one of the best known. Myke Tysson is also one of the celebrities who is most interested in cryptocurrencies. In fact, in his social networks he has made surveys on which cryptocurrency is the best to invest in.
  • Designing a strategy when investing with Bitcoin is basic, otherwise it can happen to us like Laszlo Hanyecz who in 2010 bought two family pizzas for 10,000 Bitcoins, at that time they were more or less about 30 dollars.Today that same number of cryptocurrencies is $380 million. Laszlo claims he has no regrets about his purchase, which is why May 22 has been delineated as Bitcoin Pizza Day. Several pizzerias take advantage of the celebration to give away pizza or launch promotions to their customers. This day is also the day on which the first transaction was made.
  • A Norwegian student forgot that he had bought digital coins in 2013, when he remembered and went to withdraw them he was a millionaire and currently his wallet is valued at 13 million dollars. He is not the only teenager who by the whims of fate has become rich with little effort.
  • A young man decided when he was 12 years old to buy 403 Bitcoins with the 1,000 dollars that his grandmother had given him, although his parents were against it, he did not give up. At the moment he is one of the young people with the most money on the planet.
  • The Bitcoin creator is not known. There are many theories, that’s why they talk about Satoshi Nakamoto, a fictitious name that does not let us see the entity behind it. In none of the 9 pages nor of the 12 points of the White Papers of this digital currency is it clear either if it is one person or several. In 2016, the creator was nominated for the Nobel Prize in Economics, but the academy dismissed his candidacy for not being public.
  • Just as a cent is the smallest unit of a euro. A Satoshi is the smallest unit of Bitcoins and refers to the creator. If you want to make small transactions it is the unit to use.
  • About 4 million of this currency have been lost forever. We are talking about 23% of the total number of Bitcoins currently in circulation worldwide. This represents a value of 252 million dollars. As for the reasons for this massive loss, there are all sorts of reasons, but the most common is that people forget files, passwords, or a transaction is made in an erroneous manner.
  • The United States is the country with the most cryptocurrency ATMs in the world. There are more than 2000 in all the Americas, more than in all the other countries combined. And their number continues to grow.

 

Bitcoin as an Alternative to Economic Crises

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The father of cryptocurrencies has not always been so famous and although it is now seen as an alternative to physical money it was not until 2013, when it reached a thousand dollars and equaled the price of an ounce of gold, that all eyes fell on it.

 

  • In Greece in 2015 they suffered such a big crisis that more than 1,000 ATMs were installed in their streets as it was impossible to withdraw cash from banks, since that moment there is talk of a possible alternative for this type of crisis.
  • In 2016 a Dutch family sold all their properties: house, furniture, car etc. to buy cryptocurrencies, they moved to a small apartment and plan to live austerely until in a few years they manage to recover the fortune invested.
  • Ivan Clark a 16 year old American boy became a millionaire by hacking computers and stealing cryptocurrencies. He was eventually arrested.
  • Messages can be decrypted on its blockchain. Some of those that have been decrypted are politically tinged.
  • It is believed that in 2,140 mining Bitcoin will cost more than $15 million.
  • The company Virgin Galactic, founded by Richard Branson, has announced that it will offer flights to space and will accept digital currencies as payment.
  • Among the many theories that exist about the creation of the first virtual currency, there is one that indicates that Toshiba, Samsung, Motorola, and Nakamichi are behind it.
  • It is based on a peer-to-peer network, which means that the collaboration of individuals is extremely important. Miners, core developers, traders etc. Plus, the interests are collective.
  • For an effective transaction to take place, two keys must be generated. Public and private ones, these are integers and are usually represented by letters and numbers.
  • The largest loss of this digital currency was 75 million dollars. It happened when the British James Howells threw his old computer in the trash, forgetting that on his hard drive were his public and private keys, this means that there is a lot of money in the landfill somewhere. Although it is possible to save them on a local disk, it is necessary to know the possible problems that accompany it, such as loss, theft or cyber-attacks.
  • It has been reported that there are more than 23,000 wallets registered with more than 1 million dollars, including that of the founder Satoshi Nakamoto.

 

Conclusion

 

Surely, after reading these curiosities, you will want to snoop around and find out what is behind the crypto universe. Our personally tip is that you look into trading bots, which are the most popular trend within crypto investors in 2022.

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