Bitcoin Facts
Bitcoin Facts
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| Interesting Bitcoin Facts: |
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| Bitcoin can be used to buy items or services online and in person. |
| Bitcoin has been used to purchase illegal items and legal items. |
| Some of the illegal purchases that have been done with bitcoin involve the purchase or sale of drugs, weapons, fake documents and possibly criminal services of assassins. |
| Approximately 3,600 new bitcoins are mined every day, and the maximum number that can ever exist are 21 million. |
| Bitcoins have a history that remains with it, making it very difficult to fake. |
| James Howells threw away his hard drive in 2013 and with it $7.5 million worth of bitcoins. |
| WikiLeaks relies on bitcoins for donations as other transfer companies will not deal with it because it is a whistleblower website. |
| Thailand outlawed bitcoins in 2013. It was the first country to do so. |
| In November 2013 one bitcoin was briefly more valuable than an ounce of gold. |
| In 2010 a bitcoin was worth 4 cents. |
| At one point a website called the Silk Road harbored the illegal trade of items with bitcoin but it was closed down. |
| Prior to the Silk Road being shut down it was believed to have accounted for as much as 5% of the bitcoin economy. |
| There is a shopping area in Berlin called the Kreuzberg that is a bitcoin friendly. |
| In some places in the United States people can use bitcoins to pay for limousine services. |
| Thanks to Virgin Galactic a person could use bitcoins to travel to space. |
| In 2013 there were more than 200 businesses that held a Black Friday sale that customers could use bitcoins as payment. |
| In December of 2013 China banned bitcoins in bank trading. |
| The first musician to accept bitcoin as payment was Mel B from the Spice Girls. |
| Lamborghini was the first auto manufacturer to accept bitcoin as payment for their cars. |
| If you live in the Netherlands you can use bitcoins to buy pizza. |
| The FBI owns roughly 1.5% of the world's bitcoins due to seizure of the online marketplace the Silk Road. |
| If a person loses the private key to their bitcoins they are not able to claim them as the key is the only way to verify the bitcoin signature. |
| The information necessary to trade bitcoins is stored in a wallet. This is a collection of bitcoin keys owned by the consumer. |
| Some companies that accept bitcoin include PayPal, Steam, Expedia, Dish Network, and TigerDirect. |
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