21 sats \ 1 reply \ @oraltosun 9 Aug 2023 \ on: How much are sats worth to you? bitcoin
If the Bitcoin accepted as World currency the 1 Satoshi price would at least 1000x value of the US dollar.
True, but it wouldn't be 1000x the purchasing power of a 2023 dollar.
Is your frame of reference the eventual world reserve value? My back of the envelope estimate for that is roughly 1 Btc = $10 million (2023). That would make sats more like dimes than pennies.
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