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| The satoshi thing came later when they forked it. But that’s a satoshi. That’s not a whole Bitcoin. Dividing a dollar up into Pennie’s and giving a penny to someone that person doesn’t own a whole dollar.
Essentially most brokers that you buy btc from have a fixed supply and they divide it up into satoshis (iou) but they retain ownership of their keys and therefore their Bitcoin.
All brokers are just lending you fractional ious at 0% interest. You don’t actually own the stock or Bitcoin. Even if they put a satoshi in your account you still don’t own that satoshi. You retain possession of it until you sell or broker belly’s up
But again for the more dense
IF YOU DONT OWN THE KEY YOU DONT OWN THE BITCOIN
Edited by Deltamudd 11/21/2024 15:22
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Bitcoin
