What is the meaning of sats in Bitcoin?

5 answers

• AFRIN FATHIMA A AI-MLApr 19, 2024 · a year ago
  Sats, short for satoshis, are the smallest unit of Bitcoin. They are named after Satoshi Nakamoto, the pseudonymous creator of Bitcoin. One Bitcoin is equivalent to 100 million sats. The use of sats allows for greater precision when dealing with small amounts of Bitcoin. For example, instead of saying 0.000001 BTC, you can say 100 sats. This makes it easier to discuss and transact with small amounts of Bitcoin.
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• carlos lopezSep 29, 2022 · 3 years ago
  Sats are like the cents of Bitcoin. Just as a dollar is made up of 100 cents, a Bitcoin is made up of 100 million sats. The term sats is commonly used in the Bitcoin community to refer to small amounts of Bitcoin. It's a way to make the discussion of Bitcoin more accessible and relatable to everyday users.
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• MikiJul 06, 2022 · 3 years ago
  Sats, also known as satoshis, are the smallest unit of Bitcoin. They are named after Satoshi Nakamoto, the mysterious creator of Bitcoin. Each sat represents a fraction of a Bitcoin. For example, 1 BTC is equal to 100,000,000 sats. The use of sats allows for easier calculation and discussion of small amounts of Bitcoin. It's a way to break down the value of Bitcoin into more manageable units.
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• Satyam SourabhAug 16, 2020 · 5 years ago
  Sats, short for satoshis, are the smallest unit of Bitcoin. They are named after Satoshi Nakamoto, the anonymous creator of Bitcoin. Sats are used to measure and transact with small amounts of Bitcoin. For example, if you want to send someone 0.000001 BTC, you can simply say 100 sats. This simplifies the conversation around Bitcoin and makes it easier to discuss and use small amounts of the cryptocurrency.
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• jamieteeNov 07, 2023 · 2 years ago
  Sats, or satoshis, are the smallest unit of Bitcoin. They are named after Satoshi Nakamoto, the enigmatic creator of Bitcoin. Sats allow for precise measurement and discussion of small amounts of Bitcoin. It's like counting in pennies instead of dollars. By using sats, it becomes easier to understand and work with fractions of a Bitcoin, especially when dealing with microtransactions or small purchases.
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