#GENIUSActPass Each bitcoin is divided into 100 million parts, called satoshis (in honor of its creator Satoshi Nakamoto). This means you can buy, sell, transfer, or send very small amounts, for example, 0.00000001 BTC or one satoshi. This makes cryptocurrency convenient for micropayments.

The main difference between bitcoin and regular money is that it is stored not in several payment systems and banks, but on all computers simultaneously that work with the coins. Anyone can access all information about cryptocurrency for its entire existence.

Bitcoin is far better than fiat money equivalents (dollars, rubles, etc.) that are under centralized control. For example, WMZ (the dollar equivalent in the Webmoney payment system) can fall into the hands of a fraudster if they gain access to the Webmoney server. In the case of bitcoin, this is not so. If one computer where bitcoins are stored is hacked and a change is made, the system will reject the altered block since it will not match the other copies.