HanjiHandiwork
Mon Aug 05 2024
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6 answers
931
Is bitcoin divisible?
I'm curious to know, is Bitcoin divisible? Can it be broken down into smaller units, or is it only transacted in whole coins? Understanding the divisibility of bitcoin is crucial for those looking to invest in or use the cryptocurrency, as it impacts the value of transactions and the potential for microtransactions. Additionally, I'm interested in knowing if there are any limitations to how divisible bitcoin can be, and if there are any practical considerations that investors should be aware of when dealing with fractional units of the cryptocurrency.
CryptoAce
Mon Aug 05 2024
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7 answers
1633
Are bitcoins divisible to satoshis?
Could you please clarify if bitcoins are divisible down to a smaller unit known as satoshis? I'm curious to understand if this allows for greater flexibility and precision in transactions, as well as how it might impact the overall value and liquidity of the cryptocurrency. Additionally, is there a specific ratio or conversion factor that defines the relationship between a Bitcoin and a satoshi?
