Lysander Spooner on Nostr: The cent is the indivisible, fundamental unit of USD. USD is then simply a collective ...
The cent is the indivisible, fundamental unit of USD.
USD is then simply a collective noun for "100 cents".
There are 1.5 trillion USD aka "150 trillion cents" in total circulation.
The sat is the indivisible, fundamental unit of BTC.
BTC is then simply a collective noun for "100 million sats".
There will be 21 million BTC aka "2100 trillion sats" in total circulation.
There will be 14 X more sats than we have cents in circulation.
Published at
2023-03-15 00:47:51Event JSON
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"content": "The cent is the indivisible, fundamental unit of USD.\nUSD is then simply a collective noun for \"100 cents\".\nThere are 1.5 trillion USD aka \"150 trillion cents\" in total circulation.\n\nThe sat is the indivisible, fundamental unit of BTC.\nBTC is then simply a collective noun for \"100 million sats\".\nThere will be 21 million BTC aka \"2100 trillion sats\" in total circulation.\n\nThere will be 14 X more sats than we have cents in circulation.",
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