FOR THE PURPOSE OF K12 EDUCATION
and the “Common Wealth” of the Citizens of the United Sates and the World.
How many Satoshi’s are in 1 whole BTC?
What is a Satoshi?
The satoshi is named in honor of Bitcoin’s founder, Satoshi Nakamoto.
Satoshis make up a whole bitcoin.
One Satoshi 0.00000001
Repetition: This explainer is written over and over several ways so that all the different learners / learnings styles can digest the info.
A Satoshi is Similar to the idea that you can divide a dollar up into pennies, dimes, nickels, quarters, or 1/2 dollar pieces.
A satoshi is the smallest unit of Bitcoin currency.
Each bitcoin contains 100 million Satoshis.
One Bitcoin is equal to 100,000,000 Satoshis.
Each Bitcoin is divisible down to eight decimal places, which means that a single satoshi is equal to one-hundredth millionth of a Bitcoin.
A satoshi is the atomic unit of bitcoin; each bitcoin is divisible into 100,000,000 satoshis, which are often abbreviated to sat(s).
“There will never be more than 2.1 quadrillion satoshis”
This is why folks say “stack stats”.
TEST
1 Rupee= 100 paisa
1 dollar = 100 cents.
1 Bitcoin =?
NO ONE HAS TO BUY A WHOLE BITCOIN TO OWN SOME BITCOIN
THERE IS NO RIGHT PRICE
OR A RIGHT TIME TO START
You can (buy / sell ) exchange the fractions of it.
You can use it to buy all kinds of things all over the world.
Rather than saying .001 BTC, it is also easy to say 100,000 satoshis.
STACKING SATS
PROTECT YOUR PURCHASING POWER
YOU CAN ALWAYS EXCHANGE YOUR FIAT MONEY any day, any time 24/7, for some satoshis as you want to save.
PURPOSE OF SAVINGS is IMPORTANT:
You want to save your sats for years and years – think 5 years or 10 years – this is important.
Think about your stats as insurance, to protect the value or your savings, from the never ending deflation of your work / energy / savings.
Think about this for helping yourself, your children, for your children’s children or for the charity you would love to help, and the world you want to help become peaceful.
DEFLATION OF YOUR PURCHASING POWER
