Bitcoin (BTC) has become a high-value asset, with each coin priced at $67,400 as of today. However, you don’t need to purchase an entire Bitcoin to invest or transact. The cryptocurrency is divisible into 100 million Satoshis, making it accessible for everyday use.
Understanding Satoshis
A Satoshi is the smallest unit of Bitcoin, named after its creator, Satoshi Nakamoto. At current rates:
- 1 Satoshi = $0.00067
- 1 Bitcoin = 100,000,000 Satoshis
This micro-denomination enables practical transactions. For example:
- A $6.74 burger = 10,000 Satoshis (vs. 0.0001 BTC)
- Concert tickets at $67.40 = 100,000 Satoshis (vs. 0.001 BTC)
Using Satoshis avoids decimal confusion, streamlining payments at crypto-friendly businesses.
👉 Why Satoshis matter for Bitcoin’s future
Bitcoin’s Supply and Halving Mechanism
Bitcoin’s scarcity is enforced through halvings, which reduce mining rewards by 50% every ~4 years. Key details:
- Current block reward: 3.125 BTC (down from 6.25 pre-April 2024)
- Daily issuance: ~500 BTC (post-halving)
By 2136, rewards will drop to 1 Satoshi per block. Inflation ends in 2140 when the 21-million-Bitcoin cap is reached, with:
- 93.8% already mined (19.7 million BTC in circulation)
- Lifetime supply: 2,100,000,000,000,000 Satoshis
This fixed supply underpins Bitcoin’s long-term value.
FAQs
Q: Can Bitcoin’s supply exceed 21 million?
A: No—the protocol’s code enforces this limit.
Q: Why use Satoshis instead of BTC?
A: Smaller units simplify pricing and reduce decimal errors.
Q: When will the last Satoshi be mined?
A: Around 2140, after the final halving.
👉 Explore Bitcoin’s divisibility in action
Key Takeaways
- 1 BTC = 100M Satoshis
- Satoshis enable real-world microtransactions
- Bitcoin’s supply is capped at 21M coins
Bitcoin’s design balances scarcity with usability, ensuring its relevance as both an investment and transactional currency.
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