https://joeboonie.npub.pro/tag/bitcoin/ https://joeboonie.npub.pro/tag/bitcoin/rss/ episodic Tue, 29 Jul 2025 04:08:48 GMT Tue, 29 Jul 2025 04:08:48 GMT https://joeboonie.npub.pro/tag/bitcoin/ https://m.primal.net/IZDQ.gif Tue, 29 Jul 2025 04:08:48 GMT https://joeboonie.npub.pro/post/note16rk4rkv8ukf05ltjm89shghafvga0etvxtsl95akg0wpfdjyz8vsrv5ade/ https://joeboonie.npub.pro/post/note16rk4rkv8ukf05ltjm89shghafvga0etvxtsl95akg0wpfdjyz8vsrv5ade/ note16rk4rkv8ukf05ltjm89shghafvga0etvxtsl95akg0wpfdjyz8vsrv5ade nostr note16rk4rkv8ukf05ltjm89shghafvga0etvxtsl95akg0wpfdjyz8vsrv5ade npub1te43vvz6akg0mkdm8hmkznrmrdqe8fhc3kkp4349a40yt3x57p5q63qwzc New to #Nostr and #Bitcoin?

You may be wondering ...

Q: Is sats equivalent to Bitcoin? I'd like to know, since I cannot afford one Bitcoin, would a plethora of sats saved get me to Bitcoin?

Here's your answer:

No – sats aren’t just “like” Bitcoin. They are Bitcoin.

Here’s an easy way to think about it:

1. Bitcoin (BTC) is the full unit of the digital money.

2. Satoshis (sats) are the smallest pieces of Bitcoin – like pennies to a dollar, or cents to a euro.

> 🟠 1 Bitcoin = 100,000,000 sats
That means 1 sat = 0.00000001 BTC

So yes — collecting sats is the same thing as collecting Bitcoin. It’s just doing it in small pieces instead of buying a whole coin.


Why this matters for you?

You don’t need a whole Bitcoin. You can buy $10, $20, or $100 worth, and you’ll get thousands or even hundreds of thousands of sats.

“Stacking sats” is a common strategy in the Bitcoin world. It means slowly collecting more and more sats over time — like saving up spare change. Many people do this weekly or monthly.

It adds up over time:

10,000 sats = 0.0001 BTC

100,000 sats = 0.001 BTC

1,000,000 sats = 0.01 BTC

10,000,000 sats = 0.1 BTC

100,000,000 sats = 1 whole BTC

Saving up a full Bitcoin might take a while, but it’s totally doable if you stay consistent.


Keep in mind:

1. Bitcoin prices go up and down. Don’t stress about how much it’s worth in dollars today. Focus on collecting sats.

2. Watch out for fees. When buying small amounts, fees can take a bite out of your money. Try to use apps or exchanges with low fees, or the Lightning Network for small buys.

3. Where to buy: Use well-known platforms like Coinbase, Kraken, or others that are available in your country. Many of them let you set up automatic buys every week or month.

4. Store your sats safely. If you’re saving a decent amount, move your Bitcoin to your own wallet (not an exchange). Hardware wallets are the safest.

> ✋ If you don’t control the keys, you don’t truly own the Bitcoin.

So, saving sats is not a shortcut to owning Bitcoin — it is owning Bitcoin.

It’s a smart and affordable way to build up your Bitcoin over time, no matter your budget. Even small buys add up.

So start stacking! Every single satoshi you save is a piece of the Bitcoin pie.

#asknostr

]]> New to #Nostr and #Bitcoin?

You may be wondering ...

Q: Is sats equivalent to Bitcoin? I'd like to know, since I cannot afford one Bitcoin, would a plethora of sats saved get me to Bitcoin?

Here's your answer:

No – sats aren’t just “like” Bitcoin. They are Bitcoin.

Here’s an easy way to think about it:

1. Bitcoin (BTC) is the full unit of the digital money.

2. Satoshis (sats) are the smallest pieces of Bitcoin – like pennies to a dollar, or cents to a euro.

> 🟠 1 Bitcoin = 100,000,000 sats
That means 1 sat = 0.00000001 BTC

So yes — collecting sats is the same thing as collecting Bitcoin. It’s just doing it in small pieces instead of buying a whole coin.


Why this matters for you?

You don’t need a whole Bitcoin. You can buy $10, $20, or $100 worth, and you’ll get thousands or even hundreds of thousands of sats.

“Stacking sats” is a common strategy in the Bitcoin world. It means slowly collecting more and more sats over time — like saving up spare change. Many people do this weekly or monthly.

It adds up over time:

10,000 sats = 0.0001 BTC

100,000 sats = 0.001 BTC

1,000,000 sats = 0.01 BTC

10,000,000 sats = 0.1 BTC

100,000,000 sats = 1 whole BTC

Saving up a full Bitcoin might take a while, but it’s totally doable if you stay consistent.


Keep in mind:

1. Bitcoin prices go up and down. Don’t stress about how much it’s worth in dollars today. Focus on collecting sats.

2. Watch out for fees. When buying small amounts, fees can take a bite out of your money. Try to use apps or exchanges with low fees, or the Lightning Network for small buys.

3. Where to buy: Use well-known platforms like Coinbase, Kraken, or others that are available in your country. Many of them let you set up automatic buys every week or month.

4. Store your sats safely. If you’re saving a decent amount, move your Bitcoin to your own wallet (not an exchange). Hardware wallets are the safest.

> ✋ If you don’t control the keys, you don’t truly own the Bitcoin.

So, saving sats is not a shortcut to owning Bitcoin — it is owning Bitcoin.

It’s a smart and affordable way to build up your Bitcoin over time, no matter your budget. Even small buys add up.

So start stacking! Every single satoshi you save is a piece of the Bitcoin pie.

#asknostr

]]> Thu, 13 Feb 2025 04:23:59 GMT https://joeboonie.npub.pro/post/note1gjzlujhvc9p0e60rfqn63jfc4lxrj69xdew9hdv4k7s2ca6xsarq3x9f38/ https://joeboonie.npub.pro/post/note1gjzlujhvc9p0e60rfqn63jfc4lxrj69xdew9hdv4k7s2ca6xsarq3x9f38/ note1gjzlujhvc9p0e60rfqn63jfc4lxrj69xdew9hdv4k7s2ca6xsarq3x9f38 artichokelife note1gjzlujhvc9p0e60rfqn63jfc4lxrj69xdew9hdv4k7s2ca6xsarq3x9f38 npub1te43vvz6akg0mkdm8hmkznrmrdqe8fhc3kkp4349a40yt3x57p5q63qwzc GN frens ✨️💤

#artichokelife
#HODL
#Bitcoin

]]> GN frens ✨️💤

#artichokelife
#HODL
#Bitcoin

]]> Thu, 13 Feb 2025 03:45:40 GMT https://joeboonie.npub.pro/post/note1ex2wcvccmhlxsyga3qn2nrwvu5f5lkv8c9jfxhff4h5lc2zs276sqsk4ex/ https://joeboonie.npub.pro/post/note1ex2wcvccmhlxsyga3qn2nrwvu5f5lkv8c9jfxhff4h5lc2zs276sqsk4ex/ note1ex2wcvccmhlxsyga3qn2nrwvu5f5lkv8c9jfxhff4h5lc2zs276sqsk4ex Bitcoin note1ex2wcvccmhlxsyga3qn2nrwvu5f5lkv8c9jfxhff4h5lc2zs276sqsk4ex npub1te43vvz6akg0mkdm8hmkznrmrdqe8fhc3kkp4349a40yt3x57p5q63qwzc Apparently artichokes are all about that #Bitcoin bloom. 🌱💰

#artichokelife
#HODL

]]> Apparently artichokes are all about that #Bitcoin bloom. 🌱💰

#artichokelife
#HODL

]]>