20 INTERESTING FACTS ABOUT BITCOIN

in #bitcoin8 years ago



  1. Digital Currency

    Bitcoin is a decentralized digital currency that is traded only on computers and the Internet.

  2. Anonymity




    If traded properly, Bitcoin can be used by users to trade and purchase anonymously. For many people, this is the greatest value of a bitcoin source itself.

  3. Bitcoin Mining




    The process of creating the so-called Bitcoin mining / mining can be done by anyone. Bitcoin mined using a powerful computer that can solve extremely complicated mathematical equations.

  4. Blockchain




    Blockchain is a database that contains a record of every transaction Bitcoin ever. To save and use Bitcoin on the server, it must contain a copy of the blockchain.

  5. Author: Satoshi Nakamoto




    Bitcoin created in 2008 by someone mysterious or a group of people who appear with pseudonym Satoshi Nakamoto. Although some people already claims for reveal identity Nakamoto, the true face of creator Bitcoin this is still in question.

  6. Silk Road




    Around 5 percent from economy Bitcoin active in black market online hidden called The Silk Road. Although these sites had closed by FBI, now with add features The new security for maintain the anonymity of the black market to start running again.

  7. Supply Limited




    Although anyone can mine Bitcoin, bitcoin supply is very limited. Difficulty to mine coins will increase over time. It is estimated that there are only 21 million coins which will be circulated.

  8. End Of Mining




    With a limited supply of Bitcoin, in approximate mined Bitcoin will end in the year 2140.

  9. Changes in Value




    In 2010, one Bitcoin was worth about four cents. For a short time in November 2013, one Bitcoin was worth more than one ounce of gold.

  10. The Government Seizures




    During the death of Silkroad, the FBI seized some assets such sites. Thanks to this, 1.5 percent of Bitcoin in the world now in the hands of the FBI.

  11. Exposed Chinese Tires




    China has banned banks to trade Bitcoin in December, 2013.

  12. Thai Affected Ban




    In July 2013, Thailand became the first country to totally ban the use of Bitcoin.

  13. Death Mt GOX




    Mt GOX, one of the world's largest Bitcoin exchange, fell in February 2014 after being hacked.

  14. Black Friday Sales Bitcoin




    More than 200 companies entered the Black Friday Sales Event Bitcoin in 2013.

  15. Overstock accept Bitcoin




    More recently, Overstock.com began accepting Bitcoin as a payment system.

  16. Wikileaks and Bitcoin




    WikiLeaks turned to Bitcoin for donations activities when companies refuse to do regular transfer payments related to the donation.

  17. Regulation of America




    Although there are no laws made, the US government has no plans to try to regulate and control the Bitcoin in the near future. Most users Bitcoin against the rule.

  18. Bank Bitcoin




    Many sites Bitcoin store available for users of bitcoin so users do not need to download a copy of the blockchain. This service can be less secure than private storage and sometimes it takes a considerable cost.

  19. Bitcoin Wallet




    Many programs that can be used by the users in storing bitcoin bitcoin Bitcoin safely to encrypt them and make transactions on their own computers and smartphones.

  20. Physical Bitcoin




    Some users have started to make a physical representation of Bitcoin that contain digital code currency exchange.

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I thought mt gox tried to walk away with the money, rather than being hacked? I'll google it.

Interesting facts, but nothing very new to me. Nice compilation either way. Thanks for making it.

You are welcome.
I hope useful.
Thank you also for those of you who have read.