Post
Topic
Board Bitcoin Discussion
Re: When quoting small amounts of bitcoin, how do you call 100 satoshis?
by
phillipsjk
on 29/10/2014, 19:27:48 UTC
I was taught to call those small btcs as Satoshis.. Other people are calling it millibit or bits. I dont know what's correct

All of the amounts in the poll question are equivalent.

Perhaps you are one of the people actually confused by the "bits" term being pushed. There is only one reason the "bits" term is equivalent to 1µBTC: we need convenient a name for that much Bitcoin.