Technology
62 interesting facts about Bitcoin – the virtual currency taking the world by storm
Bitcoin is not under the control of any private company, government or central authority and that is its greatest advantage as it allows for payments free from transactions.
Using Blockchain technology, Bitcoin is a virtual currency that enables secure storage and payments of electronic money. It does so without the requirement of a bank or individual’s name. Bitcoin was created in 2009 and is as enigmatic to the average investor as its founder Satoshi Nakamoto.
Bitcoin is not under the control of any private company, government or central authority and that is its greatest advantage as it allows for payments free from transactions. In addition to booking flights and hotels, several online stores have also started accepted Bitcoin as payment.
There are about 1354 Bitcoin ATMsin 55 countries around the world around 6 million users with digital wallets. Here’s an illustration of 62 interesting facts behind the virtual currency that is taking the world by storm.
