Same! I thought they were some kind of rare Internet collectible for rich people
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Yeah, I still don't see the ability to purchase small amounts being mentioned widely. Everyone just talks about the price of an entire Bitcoin, even on here.
"One Bitcoin will now cost you over โฌ50k and the number is only going to go up from there!" sounds like a reason to buy some... if you're already rich. Like hearing that houses in Malibu and Ferraris rose in price.
Like, why should I care? ๐
yes, I wrote it off as a Giffen good.
even buying it initially on an exchange was still not enough to understand what Satoshis were.
when i finally tried cold storage (actually it took a few months more because I first got a Ledger, and their software doesn't make it clear that there are separate UTXOs so i ended up with Blockstream Jade ) and understood what Satoshis were, someone on here said:
"Satoshis don't exist, they just measure UTXOs"
So that further accelerated the fall into the rabbit hole
I'm sorry I like to take out all my aggression on Ledger. but why did they leave me in the dark for so long about UTXOs? I'm sure I clicked around in their software enough to have discovered where they showed individual UTXOs, but thankfully I was adventurous to try another product (Jade) and that clearly showed different "coins" and the cost to combine them.
I'm having the same issue now with BitKey. I don't know what it does with individual small UTXOs on the wallet. Does it just automatically consolidate them for me when I send transactions? will i be left with unspendable chunks in the future?