Valuable phrase: How are bitcoins used today
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Bitcoin - Statistics & Facts
Published by Raynor de Best, Nov 12, 2020
Bitcoin, also called a mobile currency or a crypto currency, was created in 2009 by Satoshi Nakamoto, a mysterious individual or a group of people whose true identity is still unknown today. The main idea behind the establishment of this virtual currency was to enable quick and cheap online payments without the need to use traditional banking channels. Bitcoin gained in popularity when its price jumped from around 572 U.S. dollars in August 2016 to approximately 4,765 U.S. dollars in August 2017. As of July 20, this virtual currency was worth over 11,225 U.S. dollars. The market capitalization of Bitcoin also increased dramatically in that time, and reached a level of 117.8 billion U.S. dollars in the first quarter of 2020. The number of Bitcoin ATMs in existence worldwide has grown rapidly since early 2016. Most Bitcoin ATMs are located in North America. The Bitcoin ATMs located in Europe constituted less than 15 percent of the global ATM market share. The leading ATM producer worldwide as of July 2020 was Genesis Coin, with approximately 35 percent of the market share.
However, the future of this virtual currency is yet unknown. If the most important difficulties are overcome, especially those related with regulations on the cryptocurrency market, and people all over the world start to trust in Bitcoin, it might become one of the most popular choices for online payments. As of May 2018, only two percent of Americans owned Bitcoin, but 26 percent said they may buy it in the future.
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Interesting statistics
In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Bitcoin".
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