Every day that passes represents yet another improvement for the digital currency market, but you may still not be aware of the fact that there are countries which have not been open to the developments in the cryptocurrency industry.

The main reason behind this is the obvious s that just about anyone can make between money laundering, criminal dealings and digital currencies. Because of this, certain governments believe that they would be better off not allowing the use of Bitcoin and other currencies in their country, regardless of the fact that the number of illegal activities funded with the help of Bitcoin is quite small. Without further ado, here are some of the most important countries where both Bitcoin, but also other cryptocurrencies have been banned for various reasons.

Satoshi Nakamoto, also known as the creator of Bitcoin is one of the most prominent figures on the Bitcoin market, but also the most mysterious, mostly due to the fact that no one knows who he really is.

Since Bitcoin became mainstream, the search for Nakamoto’s identity has lasted years, with hundreds of different theories being considered. During this time, even people not involved with cryptocurrencies at all have tried to solve the mystery and find out who this man really is. What we know at this moment in time, is that someone who had been using the name Satoshi Nakamoto has released the Bitcoin software back in 2009 and has communicated with different people via mail, but never in person, or by phone. A few years later, in 2011, just as the technology began catching momentum, the man mysteriously disappeared, as all emails had stopped.

Since Bitcoin went mainstream, a large number of people have begun questioning whether the currency could also be used in the trading of shares in private companies on the stock market. So far, many people stayed away from the idea because of the volatile nature of the cryptocurrency, but the stock exchanges operator NASDAQ OMX Group is a strong Bitcoin believer, which is currently evaluating Blockchain, in order to see if the technology behind the digital currency can actually be used for trading.

If you’ve read the news in the last year, then chances are that you have already heard about the Islamic State, an extremist rebel group that has slaughtered thousands of people, ever since they started practicing their cruel methods in a couple of countries, including Iraq and Syria.

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Ever since Bitcoin became popular and a larger number of people started to believe that cryptocurrencies had a clear future, a large number of altcoins, also known as bitcoin-alternatives started being developed. With this in mind, along the last couple of years, there have been tons of different coins developed, some of which became prominent figures in the industry, whereas other failed miserably.

Chances are that all of those who are involved with Bitcoin had the thought of a Bitcoin bank cross their minds. While many like the currency thanks to the fact that it eliminates the need to go to a bank and cope with the different situations that have given these institutions a bad reputation, there are some who think that a Bitcoin bank may not be such a bad idea.

Bitcoin is nothing less than a giant on the economy at this moment in time, as the average value of all bitcoins that have been mined so far put together is of over $3 billion. While the cryptocurrency is becoming increasingly popular, and more businesses have started accepting and issuing payments with the currency, many people from all around the world wonder what it took to make the coin become eminent.

To put things better into perspective, back in 2010, when people first started selling things for bitcoins, a pizza would cost around 10,000 coins. In today’s value, a $2.3 million pizza is out of the question. The currency then evolved to its value of around $1000 around a year ago, only to fall to around $250 and stay there. So, what is truly responsible for the massive value increase of the cryptocurrency?

Chances are that you may be already aware of the fact that over the last 17 months, the value of bitcoin has radically decreased. While many may believe that this represents the death of the cryptocurrency, the truth is quite the contrary.

Bitcoin mining is likely something that just about all of those involved with bitcoin have thought about doing, tried out or are doing at this exact moment. However, mining bitcoin at home can be quite a difficult experience considering the fact that doing it right doesn’t only require a massive electrical energy usage, but also the right hardware, thus making the process quite expensive.

However, there are a couple of firms in different areas from all around the world which have been mining bitcoin ever since it became popular. These actual mines are both very expensive to maintain, but are also kept hidden from the public eye, due to the large amount of bitcoin which is being mined.