Bitcoin Can Lead You To a Millionaire

 As the seven year anniversary of the first bitcoin transaction hit, the cryptocurrency also hit a record high trading at $2,251.61 on Monday, reported CNBC. 

  Bitcoin – more than what meets the eye 

In easy words, if six years ago you bought $100 of bitcoin, they would now  worth $75 million. 

 On May 22, 2010 a programmer named Laszlo Hanyecz used 10,000 bitcoin to pay for two pizzas. At the time, he believed the coins he had ‘mined’ were worth around 0.03 cents each. The pizzas cost $30 then. However, they would now cost $22.5 million at current bitcoin prices.

Mining bitcoins involves solving a mathematical solution which results in being rewarded in bitcoins.Bitcoin is a digital virtual currency that can be moved like money around the globe quickly and anonymously without the need for a central authority. The cryptocurrency has doubters as many associate it with criminal activity and acts. However, it has seen a stunning rally. Factors driving the rally include: political uncertainty making bitcoin a safe asset and recent legislation in Japan which allows retailers to accept bitcoin as a legal currency. 

In easy words, bitcoin is having its value increased day by day so preserving bitcoins having some value can give u large scale benefits all you have to do is wait for some time and invest.