50 Insane Facts About Bitcoins [Infographic]

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]

Author Andy Watson

Please check out latest news, expert comments and industry insights from Coinspeaker's contributors.

By Benjamin Godfrey December 16th, 2020

As President Trump is set to leave office on January 20, 2021, Ross Ulbricht may become a free man by then.

Altcoin News, Bitcoin News, Cryptocurrency news, News About $1B Worth of Bitcoin from Silk Road Seized by US Authorities

By Benjamin Godfrey November 6th, 2020

The operations of the Silk Road were short-lived as US Authorities were able to obtain enough evidence through masked purchases of items on the site, giving the perfect shreds of evidence to close down the site.

Bitcoin News, Cryptocurrency news, News Silk Road Founder Ross Ulbricht Reaches Out to Roger Ver in a Bid to Get Trump’s Pardon

By Julia Sakovich January 2nd, 2019

Ross Ulbricht, the founder of Silk Road, who is currently serving his double life sentence, wrote to Roger Ver and asked his help in getting clemency.

50 Insane Facts About Bitcoins [Infographic]

Related Articles