Bitcoins is the new talk of the town with the same impact Facebook had when Zuckerberg and team broke out on the scene about a decade ago. Here are a few fun facts about the cryptocurrency.
1.Maker unknown.
Bitcoins maker is generally unknown. The only thing known about him/her/them is that he/she/them calls himself/herself/themselves Hitoshi Nakamoto and owns about one million bitcoins. Enough to earn him/her/them a place on Forbes richest people.
- Only 21 million bitcoins possible.
The limit of number of bitcoins that will be in circulation is 21 million and this limit is estimated to be reached in the year 2140. Bitcoins are generally "mined" or earned by computer geeks who solve "problems" and get paid in bitcoins. - The first bitcoin payment was for pizza.
The first transaction made with bitcoins was in Jacksonville, Florida and it was to buy pizza. Mr. Laszlo in 2010 bought two pizzas for 10,000 bitcoins. Bitcoins is considered secure because any transaction is recorded on a virtual ledger. - Bitcoins is the oldest and most valuable cryptocurrency.
Bitcoins is eight years old and is the oldest crypto currency and also the most valuable. As of today, one Bitcoin equals nearly 8,000 dollars or 30,000,000 Uganda shillings.
So, dude, what are you waiting for to join the revolution?