0 sats \ 3 replies \ @2bithits 31 Aug 2022 \ on: Sats is the Standard bitcoin
There's only 2 quadrillion 100 trillion sats.
Give everyone on earth 1 sat each and it becomes 2 quadrillion 92 trillion sats only
bitcoin is rare, sats are abundant
Just because you divide a pizza into 16 pieces instead of 8 doesn't mean you have more pizza, right?
Satoshi Bitcoin
1 Satoshi 0.00000001 Bitcoin
10 Satoshi 0.00000010 Bitcoin
100 Satoshi 0.00000100 Bitcoin
1,000 Satoshi 0.00001000 Bitcoin
10,000 Satoshi 0.00010000 Bitcoin
100,000 Satoshi 0.00100000 Bitcoin
1,000,000 Satoshi 0.01000000 Bitcoin
10,000,000 Satoshi 0.10000000 Bitcoin
100,000,000 Satoshi 1.00000000 Bitcoin
Bitcoin is rare, so are sats. A single Bitcoin represents 100 million satoshis (1 BTC = 100,000,000 sats). Thus, there will only ever be 21 million bitcoin, and there will only ever be 2.1 quadrillion sats.
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True that your BTC will always be a fraction of the total supply. But like I said, everyone in the world could own 1 sat each & it would only take 80 bitcoin. Thus if everyone has the potential to own a small amount of bitcoin, it is not rare like beach front property, Lamborghini's or wholecoiners.
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Got it you and yea that's true. If people would use #Bitcoin to save and store their wealth, properties would be affordable again.
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