Here are some crazy facts that you might not need to know about cryptocurrencies. But it’s quite interesting to read some of these!

1.  Bitcoin spiked in value due to Silkroad, an online black market, adopting the cryptocurrency as payment
2. A tiny country in the Pacific Ocean, Marshall Islands, has adopted “Sovereign” (SOV) as its legal tender. Read more here.
3. Cryptocurrency-made billionaires were included in the Top 100 Richest person by Forbes
4. There is a course in Coursera, taught by Princeton University, that deals with Bitcoin and Cryptocurrency Technologies. Read more here.
5. The last bitcoin will be mined in the year 2140!! (That’s a long way to go!)
6. Amazon attempted to create a currency even before Bitcoin but failed.
7. A coffee shop in Davao, Philippines is accepting Bitcoin as payment! *Sips coffee*
8. As recorded by Coinmarketcap.com, there are 1,551 cryptocurrencies in existence as of March 10, 2018.
9. The first transaction of bitcoin in 2009 was sent to this address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
10. There is a Bitcoin ATM in Makati, Philippines.
11. Bittrex, a cryptocurrency trading platform, has indefinitely closed its doors to new users due to the volume of demand.
12. An issue was raised due to the environmental effects of mining cryptocurrencies.
13. There is specialized hardware, more powerful than GPUs, to mine cryptocurrencies. They’re called ASICs. Antminer is one of the brands.
14. Several talks and discussions have occurred in the Philippines. Truly Rich Club, by Bo Sanchez, also discussed this topic in their Wealth Summit 2018.
15. Until now, the creator of Bitcoin has not yet been known except for a name, Satoshi Nakamoto.
16. Some coins/tokens are not created through mining but by staking.
17. There are some testimonies by people who struck gold in trading cryptocurrencies to be able to quit their day jobs and even pay off a chunk of their debts!
18. When transacting bitcoins, your name doesn’t show up in the ledger, instead your wallet address gets recorded.
19. There are some coins (ex. Monero) that are private coins that show a different address.
20. There are a lot of books written about cryptocurrencies and the blockchain!
21. There was a politician in the USA who imposed a law regarding cryptocurrencies. He later resigned to become a consultant on how to go around the law. Well, he knows the law alright!
22. The terms “cryptocurrency”, “blockchain”, and “ICO” were added to the dictionary!
23. In Romania, a survey showed that 61% of people below 40 years old believe that cryptocurrencies are the future of payment.
24. several computer viruses use your computer’s mining capabilities for themselves.
25. In Iceland, 600 pieces of mining hardware were stolen and coined the “Big Bitcoin Heist”.
26. A French company has created a heater that can mine cryptocurrencies!
27. Taiwanese Airlines is now accepting cryptocurrencies to pay for airfare!