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What is a "Satoshi" ? - Crypto Whiteboard 101

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First published at 19:21 UTC on October 27th, 2020.

the.part.time.economist

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"Stacking Sats" is a common phrase in the crypto community that refers to purchasing Bitcoin as a long term investment, but what is a "Sat"? A "Satoshi", or simply "Sat" is a unit of account that is equivalent to 1 / 100,000,000 Bitcoin. In this video, I'll cover the basics of what a Satoshi is, why such a small denomination is important, and compare the concept of a "Satoshi" to traditional currency divisions such as cents.#btc #crypto

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