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@ Bitman
2025-01-20 19:20:16
Many believe that to buy #Bitcoin, they need to purchase 1 whole #Bitcoin, which may seem unaffordable for most people today. This belief is rooted in a misunderstanding of how #Bitcoin works.
#Bitcoin is divisible up to eight decimal places, and the smallest unit is called a satoshi. 1 #Bitcoin equals 100 million satoshis.
https://image.nostr.build/4c25abae971d2d817d2e9c38cac0ae7ea6a439e39bc7e2db46a610cc91a58e4b.jpg
This means that anyone can start by purchasing a fraction of #Bitcoin, like 0.0001 #BTC (10,000 satoshis), for a much smaller amount than the price of 1 whole #Bitcoin.
The mistake lies in comparing the value of 1 #Bitcoin to the price of 1 unit of traditional currency, such as the dollar or the real. This comparison ignores #Bitcoin’s divisibility and fungibility.
Imagine if someone said they couldn’t buy gold because they couldn’t afford a whole gold bar. Does that make sense? Of course not. Just as gold can be bought in grams, #Bitcoin can be purchased in fractions.
Another important point is understanding that the value of a satoshi is proportional to the value of #Bitcoin as a whole. If #Bitcoin reaches a price of $1 million, for example, 1 satoshi will be worth $0.01.
What ultimately matters is the relative appreciation of the asset, not the number of units you own.
Therefore, the unit bias is merely a psychological barrier.
Instead of focusing on the price of 1 whole #Bitcoin, think about the opportunity to accumulate satoshis, which are just as valuable as any fraction of #Bitcoin.
After all, every satoshi is part of the largest computational network in the world—scarce and decentralized—that is poised to transform the global financial system.
Buying #Bitcoin isn’t about how much you can buy today, but about understanding the value it represents in the long term. Don’t let the unit bias stop you from being part of this monetary revolution.