Archive for the ‘Bitcoin’ Category

This post is the dark mirror of Tim Bray’s How to Sell Bitcoins, and explains how I accumulated some Bitcoin in the first place, then utterly failed to cash out before the (latest) bubble burst. Background I might have seen Bitcoin in my peripheral vision earlier, but by the time I started paying any real […]

The smallest presently supported subdivision of a bitcoin is 0.00000001, known as a Satoshi. This unit could also be called 0.01 µBTC or 10 nBTC (if there was such a thing as nano Bitcoin[1]). The Satoshi limit[2] happens when the smallest unit of Bitcoin equals the smallest unit of currency that we’re happy to use for […]