1. Bitcoin operates without a central authority, such as a bank or government.
2. Bitcoin transactions are recorded on a private, centralized ledger.
3. Bitcoin has a limited supply of 21 million coins.
4. Mining is the process of validating Bitcoin transactions through complex calculations.
5. Bitcoin transactions are transparent and secure due to the blockchain.
6. Bitcoin can only be used as an investment and not for transactions.
7. Bitcoin wallets are used to store, send, and receive bitcoins.
8. Bitcoin is considered the first successful cryptocurrency.
9. Bitcoin mining has raised environmental concerns due to its high energy consumption.
10. Bitcoin has no impact on traditional banking systems or financial inclusion.
11. The inventor of Bitcoin used the pseudonym Satoshi Nakamoto.
12. The cost of one Bitcoin in the early days was a few cents.
13. The Bitcoin block reward is halved approximately every 5 years.
14. The current block reward for mining Bitcoin is 6.25 BTC.
15. Bitcoin's price currently fluctuates around $70,000.