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Title: Low Denomination Bitcoin Post by: serious51 on January 18, 2014, 10:11:39 PM If one Bitcoin equals (as an example) $1000 US, are there lower denominations? If I wanted to buy a hamburger, how would I pay without getting back tons of change...assuming a hamburger might cost $5 US?
Title: Re: Low Denomination Bitcoin Post by: cAPSLOCK on January 18, 2014, 10:16:06 PM You send the vendor exactly .005Btc.
It's easy. There is never really any need for change. At first some questions we have about bitcoin are like this... How will we actually send an email if there is nowhere to buy stamps? The more you understand bitcoin, the more you will realize it is an idea who's time has come. Title: Re: Low Denomination Bitcoin Post by: yogi on January 18, 2014, 10:19:18 PM Bitcoins are divisible to 0.00000001, this is called a satoshi.
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