in

It’s Time To Switch To Satoshis, Mike Novogratz Says | CryptoGazette

It’s Time To Switch To Satoshis, Mike Novogratz Says | CryptoGazette


Just the other day, we were addressing the Bitcoin vs. Satoshis issue. We reported that crypto analyst Plan B highlighted the importance of exchanges listing Satoshis.

In order for the mainstream adoption of Bitcoin to fully explode at the global level, people have to understand that they can buy fractions of BTC. These are Satoshis.

A lot of potential investors are not putting their cash into BTC because they always think that they can never buy one whole BTC, and this is a massive drawback.

Sats definitely have to be listed on exchanges as fractions of a BTC.

Sats are the next Doge coins

1 sat is 0.00000001 BTC. Check out what analyst Plan B just tweeted:

Someone hopped in the comments and asked the following question: ‘Where can I buy it? Serious question. it’s not available on Binance unless I misspelt the token name?’

Plan B responded: ‘1 sat = 0.00000001 BTC. Most exchanges still use the old ticker symbol “BTC” (in the old days, people grouped 100,000,000 sats together and called that 1 BTC).’

Mike Novogratz seconds Plan B’s opinion

Mike Novogratz also hopped on Twitter and addressed the importance of people acknowledging Satoshis.

Check out the tweet that he shared on his social media account.

Scott Melker posted the following message in the comments: “21 quadrillion sats is enough for everyone. Credit @MarkYusko for making that point clear to me.”

At the moment of writing this article, BTC is trading in the red, and the king coin is priced at $58,106.22.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

What do you think?

ETH Price Aims for $2800 After Asset Manager WisdomTree Lists Ethereum ETP

Canada’s Purpose Ether ETF Has Accumulated Over 31K Ethereum (ETH) In this Mega Bull Run

Cryptopolitan

VeChain price prediction: VeChain retraces to retest $0.22, prepares to push higher?