$1000SATS
sats are directly linked with BTC. Here's the breakdown:
Sats are the smallest unit of Bitcoin: Just like cents are to dollars, sats are to Bitcoin.
1 satoshi = 0.00000001 BTC
1 BTC = 100,000,000 sats
Think of it like this:
You have a whole pizza (1 BTC).
Sats are the individual slices of that pizza.
Why sats are important:
Microtransactions: Sats allow for very small transactions, making Bitcoin usable for everyday purchases like coffee or a newspaper.
Accessibility: Sats make Bitcoin more accessible to people who can't afford to buy a whole Bitcoin.
Precision: Sats provide a high level of precision for accounting and record-keeping.
In essence, sats are an integral part of the Bitcoin ecosystem, enabling its divisibility and facilitating a wide range of use cases