Part 3/12:
Satoshis and Dollar Divisions: Understanding Micro Units
A crucial aspect of crypto awareness involves mastering the basic units—Satoshis. With Bitcoin’s price climbing, the number of Satoshis per penny decreases, which is vital for investors to grasp as the crypto economy advances. For perspective:
1 Bitcoin = 100,000,000 Satoshis
To find how many Satoshis are in one penny: Divide the penny's Bitcoin value by 100 million.
Understanding these divisions enhances strategic buying, especially as the number of Satoshis per penny diminishes over time, emphasizing the importance of micro-investments.