8 Interesting Crypto Fun Facts You Probably Didn’t Know

In The Article…

The first commercial Bitcoin transaction was for two pizzas, costing 10,000 Bitcoins, which were worth about $40 at the time. There are now around 10,000 cryptocurrencies, though many are obscure. Bitcoin’s creator, known as Satoshi Nakamoto, remains anonymous. Interestingly, a UK man is seeking to excavate a landfill to recover a hard drive containing 7,500 lost Bitcoins.

The first commercial bitcoin transaction was for 2 cheese pizzas

Once upon a time, when most people had never heard of crypto or Bitcoin, a Florida man purchased 2 cheese pies for 10,000 Bitcoins, then worth around $40.

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Read More: Pepe Coin: The Meme Cryptocurrency Making Waves in the Crypto Space

There are around 10,000 cryptocurrencies in existence

Did you know there are around 10,000 cryptocurrencies floating around the crypto sphere? While many have fallen into oblivion, many others are unavailable on most exchanges, requiring specialized wallets.


One man wants to excavate a landfill to find his lost Bitcoins

A UK resident named James Howells once tossed out a hard drive holding 7,500 bitcoins, back in 2013. Now, he’s seeking a permit from the city council that will allow him to to excavate a landfill in hopes of reclaiming his digital treasure. Wouldn’t you do the same?


Dogecoin started as a joke (and kind of still is)

Everyone knows Dogecoin started out as a meme coin, and very few, if any, saw any true potential in the coin. However when Elon Musk tweeted about the memecoin in 2021, its value skyrocketed, and propelled it to become one of the biggest cryptos out there.


No one knows who created Bitcoin

Everyone knows that Satoshi Nakamoto created Bitcoin, but not everyone knows that Satoshi Nakamoto is a pseudonym, not connected to a real person. The author of Bitcoin’s white paper likewise remains anonymous.


China once accounted for about 65% of all cryptocurrency mining

China once dominated the cryptocurrency mining sector, boasting a colossal 65% global hash rate share. However, after China strictly tightened its grip on mining operations, the country’s global share plummeted to zero.


Bitcoin’s Countdown to 2140

The last Bitcoin is slated to be mined in the year 2140. As periodic halving events unfold, experts roughly estimate this as the year that the last Bitcoin will be mined.

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There are around 34,000 crypto ATMs in the world

While there are countless more traditional ATMs, many don’t know that there are already approximately 34,000 crypto ATMs across the world, allowing crypto enthusiasts can engage with their assets in a manner both familiar and innovative.

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Jeff Sekinger
Jeff Sekinger | Wealth Strategies

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