10 Years of Bitcoin Boom
Virtual currency gives raise to real investment capital.
On May 24, 2017, Satoshi Nakamoto was believed to own $4.7 billion in Bitcoins worth No single entity or government has control over the cryptocurrency. Top 1,000 Bitcoin addresses control 34.28 percent of total Bitcoins in circulation.
Bitcoin Market Capitalization is 75.8 billion by August 2017. Did you know that 64 percent of Bitcoins have never used and might never be used? FBI owns 1.5 percent of the world’s Bitcoins.
In 2015, in the USA only 802 citizens have filed taxes on Bitcoin Income. Did you know that Chinese mining pools control approximately 81 percent of the Bitcoin network’s collective hashrate? James Howell lost 7,500 Bitcoins by throwing his harddrive which amount to over 4 million.
All Bitcoin transactions are transparent and can be seen on Blockchain A Bitcoin network is more powerful than 500 supercomputers put together. Newlyweds Austin Craig and Beccy Bingham traveled around the world using the Bitcoin currency.
Bitcoin is now a legal payment method in Japan. Belgium and Finland exempts Bitcoin transactions from VAT. Bitcoin is illegal in Saudi Arabia, Kyrgyzstan, Bangladesh, Ecuador, and Bolivia.
Liberland, a micronation accepts bitcoin as reserve currency. North America has 75 percent of World’s Bitcoin ATMS.