How many satoshi are there in one bitcoin?
Money changed as civilization developed, until mankind settled on paper notes and metal coins. But with the advent of information technology, a hitherto unknown phenomenon in the form of cryptocurrency has arisen. Bitcoin does not have a physical embodiment, but at the same time it is successfully used to make payments on the global web.
Today, the market capitalization of the first digital currency has exceeded a record high of $ 15 billion. And the cost of one coin is growing steadily. To operate with such a sum is not always convenient, therefore, smaller monetary units, Satoshi, were introduced. They were named after the brilliant programmer Satoshi Nakamoto, who created the first cryptocurrency. So how many Satoshi are in one Bitcoin?
The first digital currency system involves a limited issue of coins. The total amount of generated Bitcoins will not exceed the figure of twenty one million. Today, most of the coins have already been mined, but the difficulty of the mining process is gradually increasing. While the remuneration of the crypto miner for the mined block is reduced exactly by half every four years. At the same time, the cost of digital coins is gradually increasing, so the mining process does not lose relevance. For millions of people around the world, cryptocurrency is a stable source of income. So, how many satoshi are there in 1 Bitcoin?
The first digital money is rightly considered the most expensive currency in the world. For the convenience of users, the coins were divided into smaller component units, with a total of one hundred million. Thus, one Bitcoin consists of 100,000,000 (one hundred million Satoshi). In other words, a satoshi coin is equal to one hundred millionth part of Bitcoin.
Currently, the cost of the cryptocent is negligible. But we should not forget that the price of Bitcoin is gradually increasing and experts predict that it can grow tens of times compared to the current value. Accordingly, the value of the cryptocent will also increase proportionally. Thus, knowing how much Satoshi is in 1 Bitcoin, it is quite possible to earn capital in digital monetary units on the vastness of the global web, which in a short time will bring dividends a hundredfold.