How much Bitcoin is a “sat” (sats), which you often hear people mention?
It’s more convenient to use sats for small amounts: “1,000 sats” is less likely to make you miscount the zeros than “0.00001 BTC.”
At the protocol level, Bitcoin amounts are actually recorded as whole numbers of sats. The decimals shown by wallets and exchanges are converted for display.
Don’t laugh—I only learned that after making the same mistake myself.
When you see a project promising high returns, be skeptical.
$BTC 73972.01(-2.49%)
#BTC
It’s more convenient to use sats for small amounts: “1,000 sats” is less likely to make you miscount the zeros than “0.00001 BTC.”
At the protocol level, Bitcoin amounts are actually recorded as whole numbers of sats. The decimals shown by wallets and exchanges are converted for display.
Don’t laugh—I only learned that after making the same mistake myself.
When you see a project promising high returns, be skeptical.
$BTC 73972.01(-2.49%)
#BTC