Fast Facts about Digital Currency

Do you know what bitcoin is? Bitcoin is a type of digital currency that can be used to make virtual payments anywhere in the world. Bitcoin is maintained by a decentralized network of computers that track all bitcoin transactions, unlike traditional payment networks that are run by a credit card company or bank.

Here are some interesting facts about the evolution of bitcoin:

  • The first public bitcoin purchase was for pizza in 2010.
  • The first bitcoin ATM debuted in 2013 in San Diego, California.
  • 5 percent of Americans surveyed owned bitcoin in 2018.
  • 60 percent of Americans have heard about bitcoin.