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TechFlow news — Blockstream CEO Adam Back has made a bet with Twitter user Vikingo on social media, stating that Bitcoin will reach or exceed $100,000 before the next halving event (March 31, 2024), with the winner receiving 1,000,000 satoshis.
Notably, a satoshi (or "sat") is the smallest unit of Bitcoin, with each Bitcoin consisting of 100,000,000 satoshis. Therefore, 1,000,000 satoshis equals 0.01 Bitcoin, often written as 0.01 BTC.
Blockstream CEO Adam Back has made a bet on social media with Twitter user Vikingo, stating that Bitcoin will reach or exceed $100,000 before the halving event (March 31, 2024), with the winner receiving 1 million satoshis. A satoshi is the smallest unit of Bitcoin, with each Bitcoin consisting of 100,000,000 satoshis. Therefore, 1,000,000 satoshis equals 0.01 Bitcoin, or 0.01 BTC.
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