Bitcoin is money. This is a fact that the world is certainly acknowledging as the coin is just over a decade old. At the moment, the smallest unit of Bitcoin, a Satoshi (0.00000001 BTC) is worth more than national currencies like the Vietnamese Dong, Iranian Rial and Indonesian Rupiah. Still fancy the phrase “magic internet money”? This is something time has simply gotten the better of.
The smallest denomination of Bitcoin, a single satoshi, is now worth more than some national currencies. 0.00000001 BTC is worth more than the:– Iranian Rial– Vietnamese Dong– Indonesian Rupiah"Magic internet money" is now just "money".