How many Bitcoins exist?

The total amount of Bitcoin is limited. That’s right. Cryptocurrency is a limited resource, like gold or oil. Bitcoin's limited 21 million supply.

How many cryptocurrencies exist?

There are more than 9,500 cryptocurrencies in existence

As of March 2022, there were more than 9,500 cryptocurrencies in existence. While you can’t buy them all on an exchange, they are out there, some of them requiring their own wallets.

There are so many coins and tokens available because it’s relatively easy to create a cryptocurrency and put it out there. But, as of March 2022, the top 20 coins account for about 87% of the cryptocurrency market.

Who invented Bitcoin?

The creator (or creators) of Bitcoin remain anonymous

Bitcoin is widely credited as being created by “Satoshi Nakamoto.” However, the paper that talked about the protocol was released through a cryptography mailing list and the actual author remains anonymous.

There is a lot of speculation around the identity of Satoshi Nakamoto, but no one knows whether it’s one person or a group of people.

What is “pizza day”?

The first commercial bitcoin transaction was for pizza. The anniversary for this payment is celebrated annually as pizza day.

On May 22, 2010, a man in Florida paid 10,000 bitcoin for two pizzas. This is generally recognized as the first commercial bitcoin transaction.

At the time, 10,000 bitcoin was worth about $40, making one bitcoin “worth” a little less than half a cent. Today, if you had that much in bitcoin, it would be worth more than $350 million.

Who owns the most Bitcoin?

The entity that is widely acknowledged to hold the most Bitcoin is the cryptocurrency’s creator, Satoshi Nakamoto. Nakamoto is believed to have around 1.1 million BTC that they have never touched throughout the years, leading to several theories regarding their identity and situation.

A significant amount of analysis has been put into determining how many coins Nakamoto actually has. After bringing BTC into existence by mining the genesis block, Nakamoto mined a significant number of blocks through their hardware at the time, with each block coming with a 50-BTC reward.