💻ChatGPT tell me 5 interesting facts and lesser-known aspects about Bitcoin:
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Satoshi Nakamoto's Identity: The true identity of Satoshi Nakamoto, the creator of Bitcoin, remains unknown. The name is believed to be a pseudonym used by the individual or group who developed Bitcoin. Despite many speculations, Nakamoto's identity has never been conclusively revealed.
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Limited Supply: Bitcoin has a capped supply of 21 million coins. This scarcity is built into its code and is designed to mimic the scarcity of precious metals like gold. It's estimated that the last Bitcoin will be mined around the year 2140.
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Lost Bitcoins: Due to the nature of private keys and wallets, it's estimated that a significant number of bitcoins have been lost forever. This can happen if people lose access to their private keys or forget the passwords to their wallets.
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Pizza Day: On May 22, 2010, a programmer named Laszlo Hanyecz made the first real-world transaction using Bitcoin. He paid 10,000 bitcoins for two pizzas, making May 22nd celebrated as "Bitcoin Pizza Day."
5.🤖
Mining Power Consumption: Bitcoin mining, the process by which new bitcoins are created and transactions are added to the blockchain, requires a significant amount of computational power. As a result, Bitcoin mining operations collectively use a substantial amount of electricity.
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