divide bitcoin – Lifeboat News: The Blog https://lifeboat.com/blog Safeguarding Humanity Sat, 07 Sep 2019 20:03:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 How can Bitcoin be divided into small units? https://lifeboat.com/blog/2019/07/how-can-bitcoin-be-divided-into-small-units Wed, 10 Jul 2019 01:56:07 +0000 https://lifeboat.com/blog/?p=93382 As with other recent articles, this one was originally published as an answer to a member of Quora, a Q&A site in which I am a cryptocurrency columnist. And just like the previous one in this Lifeboat series (also posted today), this is a Q&A exchange with a newbie—a bitcoin beginner.

The question is simply: “How can Bitcoin be divided into units smaller than one?” While the answer may seem obvious to someone versed in math, statistics or economics, I see this question a lot—or something very similar.

I can explain by asking a nearly identical question; one that the enquirer can probably answer easily. The goal is to provide the tools to answer the question—and in a manner that helps the reader recall and make use of the answer in the future. This is how I approached an answer…


Puzzle me this: Can you divide 100 into smaller pieces? Of course you can! You just divvy it up. After all, it’s just a number.

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