Why is 1 satoshi the smallest division of a Bitcoin, and why is it important that 1 satoshi cannot be divided any further? Could there be a viable system where 1 coin can be divided infinite times?
Satoshi is the structural part of the crypto currency, which is one hundred millionth bitcoin. Such small units facilitate transactions with BTC. The overall structural component of 1 bitcoin (BTK) is equivalent to 1000 millibits (MBTC), 1,000,000 microbits (μBTC) or 100,000,000 Satoshi. The exact figures are not known, but it is estimated that Nakamoto may have 1 million BTC, and this is equivalent to 100,000,000,000,000 Satoshi.
Despite the fact that bitcoins and satoshs are not part of the main currency pair, they can be converted into other currencies and purchased at the expense of these other units. There are exchangers that allow individuals to make transactions. This includes transferring dollars, pounds or other supported currencies to the account of one of the exchanges, where this balance can be used to buy or sell bitcoins and, ultimately, convert them to other monetary units. As in the case of exchange rates between classic values, the value of BTC will fluctuate depending on supply and demand.
