anyelostyle on Nostr: Facts: #Bitcoin doesn't actually exist itself. Only its smallest unit, the Satoshi, ...

Facts: #Bitcoin doesn't actually exist itself. Only its smallest unit, the Satoshi, is real. Bitcoin is just a social convention used to determine where the decimal point goes in the code. The actual units within the code are integers called Sats.
So, 1 Bitcoin is just 100,000,000 Sats (satoshis). Even though we use the term 1 BTC for convenience, the price is still too small for a single Satoshi.
In the future, it's likely that the term Bitcoin will disappear due to its large size, and Satoshis will be used to determine the price of everything.