What is Bitcoin? Bitcoin is a popular worldwide cryptocurrency. It was invented by a mysterious programmer/group of programmers under the name Satoshi Nakamoto. The system uses peer-to-peer, and transactions take place between users directly, without an intermediary e.g a bank. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain (Wikipedia). Satoshi Nakamoto is believed to be in possession of Bitcoins worth $4.7 Billion.
Did you know the FBI owns 1.5% of the world’s Bitcoins? The infograph by BitcoinPlay below shares more facts that probably you didn’t know about the popular cryptocurrency that has risen in price by well over 3,000% from below $100 in 2013 to a current price of $3,650 (September 24, 2017). Enjoy!