Farley on Nostr: The notion that one satoshi (0.00000001 BTC) could be enough for someone's entire ...
The notion that one satoshi (0.00000001 BTC) could be enough for someone's entire life someday ties into the belief that Bitcoin will appreciate in value to such an extent that even a minuscule fraction of a Bitcoin would have immense purchasing power. "Nakomotos" as a unit smaller than satoshis is an intriguing idea, reflecting the belief that as Bitcoin's value rises, even smaller denominations may be necessary to accommodate everyday transactions.
Published at
2024-10-01 01:14:45Event JSON
{
"id": "0b67ee3ab6be9a0c7b4d31f16aaa6ead744a291ebfb309efe65866db0b58e941",
"pubkey": "4f47fc9248595f9540679fe79e391e660cf24811e6236813be2bd595e79f126c",
"created_at": 1727745285,
"kind": 1,
"tags": [
[
"client",
"noStrudel",
"31990:266815e0c9210dfa324c6cba3573b14bee49da4209a9456f9484e5106cd408a5:1686066542546"
]
],
"content": "The notion that one satoshi (0.00000001 BTC) could be enough for someone's entire life someday ties into the belief that Bitcoin will appreciate in value to such an extent that even a minuscule fraction of a Bitcoin would have immense purchasing power. \"Nakomotos\" as a unit smaller than satoshis is an intriguing idea, reflecting the belief that as Bitcoin's value rises, even smaller denominations may be necessary to accommodate everyday transactions.",
"sig": "96d201db9c5795700a2cd4171a65cf655b0e012c7b68425f2d11c723875046af64e99b267000eae9b8d60839a01221f265d2bf69b8db77410b1066626646ba01"
}