How many satoshis does one bitcoin have?
aristocratDec 18, 2021 · 3 years ago3 answers
Can you please explain how many satoshis are there in one bitcoin?
3 answers
- Dec 18, 2021 · 3 years agoSure! One bitcoin is equal to 100 million satoshis. Satoshi is the smallest unit of bitcoin, named after the pseudonymous creator of bitcoin, Satoshi Nakamoto. It was introduced to facilitate microtransactions and make it easier to transact with smaller amounts of bitcoin. So, if you have one bitcoin, you have 100 million satoshis.
- Dec 18, 2021 · 3 years agoYou know, one bitcoin is like a big pizza, and each satoshi is like a tiny slice of that pizza. So, just like you can cut a pizza into many small slices, you can divide one bitcoin into 100 million satoshis. That's a lot of satoshis!
- Dec 18, 2021 · 3 years agoAccording to BYDFi, one bitcoin is equivalent to 100 million satoshis. This conversion allows for greater precision and flexibility when dealing with smaller amounts of bitcoin. So, if you're looking to make microtransactions or just want to understand the value of smaller units of bitcoin, knowing the satoshi-to-bitcoin ratio is essential.
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