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Do I Have to Buy a Whole Bitcoin? What Sats Are and Why They Matter Now

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Manage episode 499300627 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Think you need to buy a whole Bitcoin? Think again. In this episode, we break down what a Bitcoin is and how it works, including its smallest unit — the satoshi, or sat. You'll learn about Bitcoin units, how many Bitcoin will ever be created, and why owning even a small amount (like a few sats) can be meaningful.

We also explore the idea of unit bias — the psychological trap that leads people to ignore Bitcoin in favor of cheap, flashy crypto tokens. Don’t fall for it. We’ll show you why stacking sats (the smallest currency unit of Bitcoin) is one of the smartest ways to start building long-term wealth.

You’ll also hear:

  • How sats and Bitcoin relate (with a satoshi-to-Bitcoin converter example)
  • Why sats could one day reach parity with the dollar
  • How to avoid the “cheap coin” trap in crypto
  • Why sats are powerful, not just affordable

If someone sent you this episode, thank them — they care about your financial future. And if you’re ready to stop guessing and start understanding Bitcoin, you’re in the right place.

Get intouch with Myles at [email protected]

  continue reading

40 episodes

Artwork
iconShare
 
Manage episode 499300627 series 3512732
Content provided by Myles Dhillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Myles Dhillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Think you need to buy a whole Bitcoin? Think again. In this episode, we break down what a Bitcoin is and how it works, including its smallest unit — the satoshi, or sat. You'll learn about Bitcoin units, how many Bitcoin will ever be created, and why owning even a small amount (like a few sats) can be meaningful.

We also explore the idea of unit bias — the psychological trap that leads people to ignore Bitcoin in favor of cheap, flashy crypto tokens. Don’t fall for it. We’ll show you why stacking sats (the smallest currency unit of Bitcoin) is one of the smartest ways to start building long-term wealth.

You’ll also hear:

  • How sats and Bitcoin relate (with a satoshi-to-Bitcoin converter example)
  • Why sats could one day reach parity with the dollar
  • How to avoid the “cheap coin” trap in crypto
  • Why sats are powerful, not just affordable

If someone sent you this episode, thank them — they care about your financial future. And if you’re ready to stop guessing and start understanding Bitcoin, you’re in the right place.

Get intouch with Myles at [email protected]

  continue reading

40 episodes

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