- Bitcoins are made of zero and one. Yet one bitcoin is worth more than 13.000 dollars
- The smallest unit of bitcoin is a satoshi. Named after the creator, Satoshi Nakamoto, the creator of bitcoin. It is a one hundred millionth of a single bitcoin (0.00000001 BTC)
- You can get tiny chunks of bitcoin for free by clicking on a website. That’s called a bitcoin faucet. This website use systems which enable people to bet bitcoins. Of course, you have a chance to lose it all, which is why they give you some satoshis for free
- If you invested 100 dollars at the start of 2011, you would have over 3 million dollars with this single investment
- Practically no one understand what’s behind bitcoins
- No single entity own the bitcoin’s network. It is managed by the users themselves
- You can see all the transactions made with bitcoin by looking at the blockchain
- It’s not like your typical bank. You can’t complain when you lose your money. It’s all your bad!
- The market cap of bitcoin is about 240 billion dollars
- Losing your password mean losing your money. Without your keys you can’t manage your bitcoins. Write your password and your keys somewhere in case you forget them
Friday, 15 December 2017
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment