A Single Bitcoin Satoshi Is Worth More Than Some National Currencies

Many love to scoff at Bitcoin (BTC), claiming that it’s not ‘real money.’ However, its smallest denomination, commonly referred to as a ‘satoshi,’ is currently worth more than some national fiat currencies.

Bitcoin has often been called ‘magic internet money,’ mostly in a pejorative sense. However, the reality is that one satoshi (0.00000001 BTC) is actually worth more than a singular unit of many state-issued currencies.

At the time of writing these currencies are worth less than one satoshi:

  1. 1 Iranian rial is equal to 0.00000000310084 BTC.

  2. 1 Vietnamese dong is equal to 0.00000000558906 BTC.

  3. 1 Indonesian rupiah is equal to 0.00000000916029 BTC.

  4. 1 Laotian kip is equal to 0.000000015 BTC.

  5. 1 Sierra Leonean leone is equal to 0.000000015 BTC.

  6. 1 Paraguayan guaraní is equal to 0.00000002 BTC.

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