Interesting Bitcoin Facts
Mystery Creator: Speculation abounds—was Bitcoin a creation of Satoshi Nakamoto or a collaborative effort among tech giants like Samsung, Toshiba, Nakamichi, and Motorola?
Pricy Pizzas: In 2010, 10,000 bitcoins bought pizzas for $30, now valued at over $735 million AUD—an iconic moment in Bitcoin's history.
Block Halving: Bitcoin's mining rewards decreased over time, from 50 to 6.25 BTC, ensuring scarcity and maintaining value.
Lost Fortune: James Howell's accidental discarding of a hard drive with 7,500 BTC, worth 5.5 million AUD, prompts an ongoing landfill search.
Equal Distribution: With a capped supply of 21 million coins, if distributed equally, each person would receive ~0.0027 BTC, around $200 AUD.
Record Transactions: Witness the movement of 500,000 BTC in a single transaction and a staggering 1 billion USD transferred on-chain for a mere $700 fee.
First Bitcoin ATM: Vancouver pioneered the adoption of Bitcoin with the world's first Bitcoin cash machine.
FOMO Regret: Former Bitcoin developer Martti Malmi mined and sold 55,000 BTC early, missing out on potential holdings valued at $4 billion AUD today.
Trillions Settled: Since 2009, Bitcoin facilitated settlements of nearly $10 trillion USD on-chain, revolutionizing financial transactions without the need for traditional banks.
Surprise Fortune: A user, who earned 127 BTC from surveys as a kid in 2011, rediscovered their old computer, sold their crypto holdings, and amassed over $4.2 million USD.
