The Most Interesting Facts About Crypto

The Most Interesting Facts About Crypto

Cryptocurrency is definitely one of the greatest and fast-growing industries of all time. But what do you actually know about it? GBC Time has listed the most interesting facts about crypto, which might surprise you. Find more information below in the article.

Despite the current cryptocurrency crisis, the further development of the industry is undoubted. So let us find out the most unexpected facts about virtual coins.

The first Bitcoin transaction was over buying two pizzas

Bitcoin is the most high-priced virtual coin worldwide. However, the first transaction was made by buying two pizzas on May 22, 2010. Lazlo Hanyecz invested 100 000 Bitcoins and then decided to buy pizzas on them. In 2010, 100 000 Bitcoins price was $41.

Find more about this historical transaction here.

Bitcoin in space

In 2016, the Genesis Mining company decided to make one of the greatest tricks including Bitcoin. The main goal was to educate people about the new sector of the virtual coin. The company decided that the best way to do this is to send Bitcoin into space.

More than 68 million wallet users

The analysts researched the industry to see the number of wallet owners in February 2021. In the fourth quarter of 2020, there were 63 million e-wallet users. In the first quarter of 2021, the number increased by 3 million. According to the fact of the industry’s development, this number has been still growing.

By the end of 2030, banks will save $25 billion through blockchain adoption

Cryptocurrency is the main competitor of the traditional financial system. Banks worldwide often lose funding because of the transactions and commissions. However, the experts are sure that blockchain involvement will allow the global banking system to save more than $25 billion by 2030.

Nigeria is the leading crypto ownership country

In 2020, Nigeria became the leading country of cryptocurrency ownership with 32% of use. Such a report was published by Global Cryptocurrency Statistics. The second place was held by Vietnam (21%), and the next one was Philippines (20%).

The Most Interesting Facts About Crypto

It is impossible to track Bitcoin transactions

Bitcoin became this popular thanks to its security system as well. It is considered to be the most protected payment method of all time. The transactions are tracked on the blockchain, which is available worldwide, but it is still impossible to see the users’ history.

The most successful crypto games

According to DappRadar, in December 2021, there were 14 videogames included blockchain. Considering the number of users, there were 100 000 worldwide. The most popular game was Alien Worlds with more than 1.2 million users.

What is the most fast-growing crypto?

In 2021, the world faced the most fast-growing cryptocurrency projects. Sandbox may be known as $SAND GAINED 12.7%. But in a matter of time, Axie infinity or $AXS gained even more – 15.1%.

But the record-breaker was definitely Gala ($GALA), which gained 40.4%.

Read more: Best Gambling Payment Providers

GBC Time

GBC Time