5 Things You Should Know About Cryptocurrency

in cryptocurrency •  7 years ago 

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Cryptocurrency is a new block-chain powered sensation that has the potential to change the face of the banking sector - and the way we do business - in a big way.

Now, if you get to know your onions and jump on the trend early, you could generate some serious 'bitcoin' to help you with your real estate investment venture.

To inspire you, here are five cryptocurrency facts you should know:

There are currently more than 1500 cryptocurrencies around the world, and counting. These include MPesa and SolarCoin - an initiative that incentivises users to use green solar energy.

Someone once paid for a pizza using 10,000 BTC in 2010. In today's terms, this amount is now worth around $179,000,000.

If you lose access to your crypto wallet, you have effectively lost your money. So, keep those details safe and secure - at all costs.

There are more than six million active crypto wallets worldwide.

While the incarnation of cryptocurrency is credited to Satoshi Nakamoto, there is no tangible connection. Noone really knows who created it in its original form - he or she is effectively a ghost.

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