20 sats \ 2 replies \ @21bitcoinApp OP 31 Aug 2022 \ parent \ on: Sats is the Standard bitcoin
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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0 sats \ 1 reply \ @2bithits 31 Aug 2022
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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0 sats \ 0 replies \ @21bitcoinApp OP 1 Sep 2022
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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