A satoshi is the smallest unit of bitcoin. One of the ways to earn bitcoin is to accumulate large amounts of Satoshis through trading altcoins/ all cryptocurrencies except BTC, and then convert them to bitcoin .
Read moreCan Satoshi be subdivided?
A satoshi is the smallest denomination of bitcoin, equivalent to 100 millionth of a bitcoin. Bitcoins can be split into smaller units to facilitate smaller transactions .
Read moreWill one Satoshi ever be worth a dollar?
The value of 1 Satoshi is always 100 millionth of a Bitcoin. Because it is a smaller unit of the famous coin, their values are inextricably tied together. So for one Satoshi to be worth $1 , the value of one Bitcoin would have to reach $100 million.
Read moreWhat are SATS vs Bitcoin?
The difference between satoshis and bitcoins is that one bitcoin is worth a 100 million satoshis . The difference between a satoshi and a bitcoin is like the relationship between the cent and the dollar. Using cents makes smaller transactions easier to read and manage. This is also the purpose of the satoshi.
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