Re:Bitcoin Is Now Bigger Than Goldman Sachs and Morgan Stanley
by rothbardrand on Friday October 13, 2017 @01:36PM
(#15467688)
You can buy a fraction of a bitcoin!
People don't seem to get this. Unlike Berkeshire Hathaway or any other stock, you don't have to buy a whole unit. BRKA shares at 6 figures are out of range for most people because you have to buy at least one whole share.
Bitcoin is divisible down to the satoshi-- 100,000,000th of a bitcoin. That's too small to transact in currently, but there's nothing stopping you from buying 0.1 or 0.01 bitcoin.
People don't seem to get this. Unlike Berkeshire Hathaway or any other stock, you don't have to buy a whole unit. BRKA shares at 6 figures are out of range for most people because you have to buy at least one whole share.
Bitcoin is divisible down to the satoshi-- 100,000,000th of a bitcoin. That's too small to transact in currently, but there's nothing stopping you from buying 0.1 or 0.01 bitcoin.