Articles on: Discover StackinSat and Bitcoin

Where does the name StackinSat come from?

A stack is the stack of chips you have at a poker table.

The English verb "_to stack"_ means to pile up but also to amass or put in reserve.

Stackin' is the contraction of Stacking which is therefore the act of piling up, hoarding and putting in reserve.

Sat is the contraction of Satoshi which, in addition to being the pseudonym of the creator(s) of Bitcoin, is also the smallest unit of account in the Bitcoin monetary system.

1 bitcoin is divisible into 100 million satoshis.

The Bitcoin investment community knows that the best way to build up a bitcoin reserve is to gradually accumulate satoshis to perhaps one day raise 100 million to own a whole bitcoin.

Only 21 million people will be able to claim to own 1 whole bitcoin because no more than 21 million bitcoins can exist.

The bitcoin community then participated in the popularization of the term #StackSats which recommends accumulating satoshis on a regular basis.

The name StackinSat therefore refers to the action of gradually accumulating satoshis.

#HODL #StayHumble and #StackSats #StackinSat

Updated on: 14/06/2023

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