One Satoshi (Bitcoin’s Smallest Unit) Now Worth Over Five Venezuelan Bolivars

A single satoshi, or one one-hundred-millionth of a bitcoin, is now worth nearly six Venezuelan bolivars – according to the ‘official’ rate.  Not Worth the Paper It’s Printed On Unlike physical money or digital fiat, a bitcoin can be divided into much smaller fractions. The smallest possible unit, called a ‘satoshi,’ is 0.00000001 BTC, or one one-hundred-millionth, of a single bitcoin. Now – just seven months after the satoshi reached parity with the bolivar – Bitcoin’s … Continue reading One Satoshi (Bitcoin’s Smallest Unit) Now Worth Over Five Venezuelan Bolivars