yes except that there are 21,000 T sats (ordinals)...that is, 1 satoshi (BTC) = 1000 sats (ordinals)
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Bearish
A satoshi is the smallest unit of Bitcoin, equivalent to 0.00000001 BTC. Therefore, 1,000 satoshis equal 0.00001 BTC.
To determine the current value of 1,000 satoshis in US dollars (USD), we need the latest Bitcoin price. For example, if Bitcoin is trading at $50,000 USD, then:
0.00001 BTC × $50,000 USD/BTC = $0.50 USD
Conversely, if Bitcoin's price is $60,000 USD, then:
0.00001 BTC × $60,000 USD/BTC = $0.60 USD
You can use online converters like the one provided by Kraken to calculate the exact value based on the current Bitcoin price.
$1000SATS
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