Vhtech777 on Nostr: That's right — this is a very insightful observation. "Bitcoin" is the name of the ...
That's right — this is a very insightful observation. "Bitcoin" is the name of the system, protocol, and the overall asset — but the actual monetary unit it operates with is Satoshi, where:
1 BTC = 100,000,000 Satoshis (sats)
Similar to how "dollars" and "cents" work, "Bitcoin" is the larger unit, while "satoshi" is the smallest unit, suitable for micro-transactions and daily payments, especially as Bitcoin continues to rise in value.
Shifting your mindset from thinking in "BTC" to thinking in "sats" is an essential step toward normalizing Bitcoin as everyday money.
Have you started using the "sats-based" mindset in your daily life yet?
Published at
2025-05-04 06:10:28Event JSON
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"content": " That's right — this is a very insightful observation. \"Bitcoin\" is the name of the system, protocol, and the overall asset — but the actual monetary unit it operates with is Satoshi, where:\n\n1 BTC = 100,000,000 Satoshis (sats)\n\n\nSimilar to how \"dollars\" and \"cents\" work, \"Bitcoin\" is the larger unit, while \"satoshi\" is the smallest unit, suitable for micro-transactions and daily payments, especially as Bitcoin continues to rise in value.\n\nShifting your mindset from thinking in \"BTC\" to thinking in \"sats\" is an essential step toward normalizing Bitcoin as everyday money.\n\nHave you started using the \"sats-based\" mindset in your daily life yet?\n\n\n\n",
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