You’ve heard about crypto and blockchain by now. Everyone has. But I am willing to bet my last pair of trousers that you don’t know 90% of related stuff simply because it wasn’t featured in mainstream media. Well, the time has come to fix the gaps with 10 amazing facts about crypto that are destined to blow you away!
#1. The bitcoin ninja
Do you know who has founded Bitcoin? No one does. All we have is a name – Satoshi Nakamoto that’s not even likely to be the real name of the person. There even was a time when the internet speculated that Elon Musk is Satoshi.
Staying a ghost for all of these years while sitting on a fortune of 1 million bitcoins is an impressive feat. That’s why Satoshi definitely wins the honorary katana of the world’s greatest digital ninja.
#2. Totally worth it!
There was a time in 2010 when a Hungarian programmer decided he was up for a snack and decided to give this new cryptocurrency he had a shot. The man paid 10,000 bitcoins for a Papa John’s pizza back in the day and you know what? I feel like it’s totally worth it!
Do you know who owns one of the largest Bitcoin wallets in the world? Come on, give me your wildest guess – is it Bill Gates or Donald Trump or Elon Musk?
Nope, it is the FBI. Yes, you’ve read it right. The Federal Bureau of Investigations has a Bitcoin wallet that is worth $120 million!
With the volumes of personal data we store on our devices today one must be very careful when selling old tech. James Howells from the UK knew this so he has cleverly extracted the hard drive containing 7,500 Bitcoins from his laptop before selling it… to accidentally lose the drive in the trash afterward.
Just to put things into perspective – James threw away $615 million. Oops.
#5. Wrong password
People have already lost a total of $50 Billion worth of Bitcoin just because they forgot the password to their wallets. Bummer.
#6. Everything is better with cats!
there exists a project called Cryptokitties where players raise, breed and trade digital cats.
And to answer your question – yes, you can breed an octocat or a dragoncat in it. So I suggest we all forget about crypto and focus on the real advantages of blockchain – the ability to trade cats!
#7. Where is the money?
We’ve only seen 36% of all mined Bitcoins in transactions of any kind. The remaining coins were never seen after their first appearance.
It seems like many people are treating HOLD with due respect. Do you?
#8. Live the game!
Whoever said that video games are for kids should consider a shift in priorities. You can earn Bitcoins by playing games like Counter-Strike or StarCraft competitively.
What can I say other than “achievement unlocked”?
#9. Even Chuck Norris can’t ban Bitcoins
Yes, there is a lot of talk in the press about this or that government attempting to ban Bitcoin or other cryptos. Luckily, that’s a lot of bark with no bite.
One cannot simply ban Bitcoin! It’s just impossible without banning the internet as a whole.
#10. Crypto is larger than you think!
Blockchain is a complex technology that can solve many of our world’s problems. No wonder that some of the biggest fish in the sea like Microsoft, Walmart, Dell, Cisco, Expedia, Overstock, and Dish are already investing in it.