Bitcoin is Big But Small, Scarce Yet Plentiful

The beauty of bitcoin is that it can be simultaneously big yet small. You can buy a car for 2 BTC or an altcoin for 60 sats (satoshis). With the change left over from the former, you could load up on a bunch of the latter. Bitcoin’s divisibility, coupled with its ability to be expressed as both something expensive and something cheap, makes it the world’s most versatile cryptocurrency.

Today you can purchase 100 sats for a cent. If 1 BTC were ever to reach $1 million, a satoshi would achieve parity with a U.S. cent. But that doesn’t need to happen for satoshis to attain utility. They already have a number of uses, even if altcoin traders are one of the few groups who currently refer to things as being priced in sats. Once Lightning Network gets up and running – or as bitcoin cash adoption continues to grow – there’s no reason why sats can’t become the de facto unit for referencing small purchases. If bitcoin maximalists have their way, one day there will be no U.S. dollar and everything will be denominated in BTC or satoshis.

In the Future One Satoshi Will Be Worth More Than One Ripple

Should the global monetary system ever collapse and hyperbitcoinization occur at scale, there will be more than enough bitcoins to go around. Not whole ones, admittedly, but enough satoshis for everyone to transact. To put this into perspective, the global GDP stands at $78 trillion while the total supply of satoshis stands at 2,100 trillion. A future in which everyone is transacting in sats may be improbable, but it is not infeasible.