Did you know that cryptocurrency investments have increased 10 percent since 2020? Undoubtedly, crypto has taken the world by storm and, on top of that, has made lots of people very rich. And market experts expect cryptocurrency statistics to continue to rise as more companies and countries accept it as a form of payment. But, there’s more to cryptocurrency than just monetary gain. Would you like to learn some interesting cryptocurrency facts? If so, we invite you to keep reading as we dive into the amazing world of digital assets.
Bitcoin Creator Is Still Unknown:
How did cryptocurrency get started? That question is quite simple to answer since most people know that Satoshi Nakamoto was the mind behind the world’s first digital coin: Bitcoin. But, one of the most interesting facts about cryptocurrency is that no one knows who Satoshi Nakamoto is.
Some people speculate that Nakamoto is a group of people, while others believe Nakamoto is a code name from a criminal organization. And despite a thorough investigation by law enforcement and governments, there’s no proof about the whereabouts of Satoshi.
Another surprising fact is that nowadays, almost every major city in the world has crypto ATMs. These ATMs allow people to instantly turn their Bitcoin or any other crypto coin into cash. So, if you’re not sure where to cash in your hard-earned Bitcoin, be sure to check it out.
Cryptocurrency Is Untouchable:
One of the most surprising crypto facts you’ll read today is that no government can ban cryptocurrency. One of the reasons banning digital currency is impossible is that it’s all located on the web, and once something is placed on the web, you cannot remove it. And while governments can ban people from using cryptocurrency, enforcing it is quite a hassle.
Bitcoin Has a Limit:
Most people assume that Bitcoin is an endless asset, but the truth is that Bitcoin and some other coins are limited in supply. That’s why Bitcoin’s value continues to rise since the supply is quickly coming to an end. Fortunately, Ethereum and newer coins have created larger supplies, so everyone can have a chance of getting their hands on some.
Anyone Can Invest:
Unlike the stock market, anyone anywhere can start investing in cryptocurrency. Additionally, you don’t need thousands of dollars (unless you plan to invest in Bitcoin or Ethereum) since you can buy most digital coins for as little as $1. But, of course, learning how to invest in cryptocurrency takes time, so be sure to research well before investing.
Cryptocurrency Facts You Need to Know:
As you can see, there are many cryptocurrency facts that are quite interesting to know about. And of course, there are plenty of other facts surrounding the world of crypto investment, so be sure to continue your research. And, be sure to save this post so you can share it with your friends!
Did you find these facts about cryptocurrency interesting? If so, we invite you to look at our other crypto-related articles!