Gavin Andersen the man behind the success of the Bitcoin was the first man who came up with the idea of Bitcoin Faucet. This idea was merely introduced to make the idea of Bitcoin reach millions of people which was not exactly happening after the introduction of Bitcoin in 2009 by Satoshi.
Since the introduction of Bitcoin, it remained a mystery for the world. People concluded Bitcoin as a technological mystery hidden in the depths of the internet. At the time when Bitcoin was of little-to-no-use, the concept of the faucet was introduced in the market.
The question that lingers in mind “what is exactly Bitcoin Faucet”? So in simple terms, Bitcoin Faucet is the idea of rewarding the website visitors with BTC on the completion of certain simple activities. These activities are really simple and easy. They include playing certain small games, signing up for newsletters or even for viewing ads you get rewarded. Did you know Sitoshi is the smallest used denomination of Bitcoin which is equivalent to 0.00000001 BTC? Isn’t that exciting?
One more thing to bear in mind is that the transaction of Bitcoin is far more easy and safe as compared to cash. This helps to keep the identity of the sender and the receiver autonomous which reduces the chances of hackers to hack.
Are you still confused whether to invest in Bitcoin or not Well, you need not worry because Bitcoin faucet does not require any investment and you can win free BTC which can later add on to a substantial amount which you can utilize to play further?