Facts: #Bitcoin doesn't actually exist itself. Only its smallest unit, the Satoshi, is real. Bitcoin is just a social convention used to determine where the decimal point goes in the code. The actual units within the code are integers called Sats.
So, 1 Bitcoin is just 100,000,000 Sats (satoshis). Even though we use the term 1 BTC for convenience, the price is still too small for a single Satoshi.
In the future, it's likely that the term Bitcoin will disappear due to its large size, and Satoshis will be used to determine the price of everything.
anyelostyle / Anyelo Style
npub12h…tfvcn
2023-04-19 17:41:16
Author Public Key
npub12hpacwjl9mk6rx3x3yxvy77un0839y2pavlvpdeq9dc6f46r9ncsttfvcnPublished at
2023-04-19 17:41:16Event JSON
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"content": "Facts: #Bitcoin doesn't actually exist itself. Only its smallest unit, the Satoshi, is real. Bitcoin is just a social convention used to determine where the decimal point goes in the code. The actual units within the code are integers called Sats.\nSo, 1 Bitcoin is just 100,000,000 Sats (satoshis). Even though we use the term 1 BTC for convenience, the price is still too small for a single Satoshi.\nIn the future, it's likely that the term Bitcoin will disappear due to its large size, and Satoshis will be used to determine the price of everything.",
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}