Post
Topic
Board Speculation
Re: Could 1 Satoshi (SAT) be worth $1 one day?
by
ZaaZoJo
on 29/12/2020, 09:59:39 UTC
It would be interesting to have a coin that is pegged to an individual Satoshi.

That peg is 1 to 1 backed by Bitcoin (satoshis)

Similar to RenBTC or Wrapped BTC thats pegged to BTC price.


It can be SAT coin or BITS

This way the price of bitcoin is LESS intimadating to normies who see bitcoin price and don't want to invest or buy it at all.

If we can show people the price per SAT is 0.0002 its much more palatable to purchase a part of bitcoin.


Let me know your thoughts.

Here is an interesting chart for charting satoshis or as he calls them ubtc or bits:

https://www.tradingview.com/chart/BTCUSD/746jgDaa-switch-to-bits-ubtc-for-comfort/?fbclid=IwAR1NlSbjkrW8NeHfKvp4c44kpe-TzEnxcgUWRafDkn02AUSHJQTrvP8RcNY