What is a Satoshi?
A satoshi is the smallest unit of Bitcoin (BTC).
There are 100,000,000 satoshi per 1 bitcoin.
A satoshi is the smallest unit of Bitcoin, named after Bitcoin’s mysterious creator, Satoshi Nakamoto.
You can use this tool to convert Satoshi to USD and BTC.
Similar to dollars
Just as dollars can be divided into cents, Bitcoin can be divided into satoshis.
However, while a dollar has 100 cents, Bitcoin is divisible into 100 million satoshis.
Divisibility
This precise divisibility is what makes Bitcoin highly scalable for everyday transactions.
Even if Bitcoin’s price reaches millions per coin, people will still be able to use fractions of Bitcoin (satoshis) for smaller payments.
For example, you could buy a cup of coffee or send microtransactions using satoshis, not requiring a full Bitcoin for these daily purchases.
Perception
The use of satoshis also helps break down the perception that Bitcoin is too expensive to use.
By measuring amounts in satoshis, people can easily grasp smaller transactions without focusing on the entire Bitcoin price.