Most rumored facts of the crypto world

World Most Expensive Waste Disposal or World Most Expensive Hard Drive.

As we all know bitcoins are limited to 21 million and a lot of users have lost their bitcoins for one reason or the other.

In 2013, allegedly a British national threw his hard drive little did he remember he has 75,000 bitcoins that were mined on the same hard drive over 4 years. If one was holding the same 75,000 bitcoins now, their net worth would be more than $3 Billion. This can be termed as the world’s most expensive waste disposable.

Satoshi Nakamoto is a person or a group of persons who is still unknown.

Everyone knows bitcoin but no one knows who the creator is. Satoshi Nakamoto did create the world’s first decentralized digital currency but who is he or she or they or them?

Since 2010 everyone’s trying to decode but no one really knows if Satoshi is an individual or a group of individuals. Crazy right?

The Dogecoin owner sold all his holdings to buy a Honda Civic. Wonder the worth?

Dogecoin is the real meme coin that was created by two software engineers Jackson and Markus Palmer in 2013. Dogecoin is represented with the dog face of a Shiba Inu. So Markus very recently revealed that he sold all his holdings to buy a Honda Civic which he never bought and ended up using the amount to pay rent. Desperate times, desperate measures.

China is the Bitcoin Superpower!

China owns about 60% of bitcoins hash power which in simple terms means they mine about 60% of all new bitcoins.

Crypto is taxable.

Despite the fact that some governments are not riding the crypto wave, they definitely don’t want to miss taxing the ones making millions. So depending on which country you are in, you might be taxed as per local law.