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by speeder
4880 days ago
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There are no such thing as "one bitcoin". Bitcoin is a protocol actually, that store numbers in a peer to peer ledger, what you do is change the values on the ledger, and the encryption is only to ensure the transaction was not a forgery. Right now the protocol supports as the smallest one the "satoshi", but a "satoshi" is too small, so people for day to day use "BTC". 0.00000001 of a BTC is a satoshi. But if Bitcoin really gets used in the mainstream, BTC might be valued in the millions, thus the protocol can be more or less easily changed to use a unit smaller than the satoshi. |
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