Please check out latest news, expert comments and industry insights from Coinspeaker's contributors.
In order to help you with understanding Bitcoin, which relies on computers solving mathematic equations as part of a process to verify transactions, WhoIsHostingThis’s team has collected together insane facts about digital currency.
Bitcoin users can purchase thousands of legal items on the straight and narrow with the controversial cryptocurrency, like tickets to a Sacramento Kings Game, fresh beef in Australia or even tuition for the University of Nicosia.
And before the takedown of Silk Road website, people reportedly swapped bitcoins for countless illegal things, like dime bags of weed, stolen guns, forged documents and etc.
Take a look at the revealing infographic below created by our friends from WhoIsHostingThis website to know other insane facts about bitcoins.
![50 Insane Facts About Bitcoins [Infographic]](https://www.coinspeaker.com/wp-content/uploads/2014/03/50-insane-facts-about-bitcoins-infographic-full.png)
