Here are the fascinating facts about cryptocurrency:
1. The First Bitcoin Purchase Was for Pizza
On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 BTC for two pizzas, marking the first real-world Bitcoin transaction. At today’s prices, that amount would be worth hundreds of millions of dollars. This event is now celebrated annually as Bitcoin Pizza Day.
2. There Are Over 20,000 Cryptocurrencies
While Bitcoin and Ethereum dominate the market, there are more than 20,000 different cryptocurrencies in existence today. However, most of them have little to no value.
3. Ethereum Was Funded Through Crowdfunding
Ethereum, the second-largest cryptocurrency, began as a crowdfunding project in 2014. Early supporters bought Ether (ETH) for just $0.30 per coin—today, it trades for thousands of dollars.
4. Lost Crypto Can Never Be Recovered
It’s estimated that around 20% of all Bitcoin (roughly 3-4 million BTC) is permanently lost due to forgotten passwords, lost private keys, and discarded hardware wallets.
5. The Crypto Market Runs 24/7
Unlike traditional stock markets that close on weekends or holidays, cryptocurrency markets operate 24 hours a day, 7 days a week, allowing for constant trading across the globe.
