ManyKeys on Nostr: Satoshi Nakamoto did not personally refer to the smallest unit of Bitcoin as a ...
Satoshi Nakamoto did not personally refer to the smallest unit of Bitcoin as a “satoshi.” The term was proposed by a BitcoinTalk user named “ribuck” in November 2010, suggesting that 0.01 BTC be called a “satoshi.” Later, he proposed that the one hundred millionth unit (0.00000001 BTC) be called a “satoshi,” and this naming convention gained widespread adoption within the #Bitcoin community.
Published at
2025-05-20 08:46:16Event JSON
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"pubkey": "5143c373df1b548a77d79ec74f27255d129b695b522dfb5bf43498ba4b501df9",
"created_at": 1747730776,
"kind": 1,
"tags": [
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"content": "Satoshi Nakamoto did not personally refer to the smallest unit of Bitcoin as a “satoshi.” The term was proposed by a BitcoinTalk user named “ribuck” in November 2010, suggesting that 0.01 BTC be called a “satoshi.” Later, he proposed that the one hundred millionth unit (0.00000001 BTC) be called a “satoshi,” and this naming convention gained widespread adoption within the #Bitcoin community.\n\nhttps://media.tenor.com/Nf6CFJ1Y1m4AAAAC/satoshis-neon-bitcoin.gif",
"sig": "30a83b929d5ac9e2b8a29b001dae720e999dcd66c97891fe0e269b92a8f7669b3f08a69acd08462bcb2bded59e508b6b6a4ad3fc11071a0911bf7de58b2c1abd"
}