Bitcoin is expensive. Too expensive, according to Mike Novogratz. People are being put off by its high price. To attract smaller savers, exchanges should switch to quoting in satoshi: Satoshis are bitcoin’s equivalent of cents, except there are far more of them. Just as one dollar is made up of 100 cents, so one bitcoin is made up of 100 million satoshis. This is defined in the Bitcoin system’s original code. In Bitcoin’s early days, when the bitcoin currency was only worth a few… Source link
Read More »Why Bitcoin Should Be Priced in Sats (and Why It Has a Divisibility Dilemma)
