One possible explanation for the phrase “1 bitcoin = 1 bitcoin” is that it is a way of expressing the idea that bitcoin is not affected by the fluctuations of fiat currencies, such as the US dollar or the Saudi riyal. Unlike fiat currencies, which are controlled by central authorities and can be manipulated or devalued, bitcoin is decentralized and has a fixed supply of 21 million unitsAd1. Therefore, the value of bitcoin is determined by the market forces of supply and demand, and not by the whims of governments or banks.

Another possible explanation for the phrase “1 bitcoin = 1 bitcoin” is that it is a reminder that bitcoin is divisible into smaller units, called satoshis. One bitcoin is equal to 100 million satoshis2. This means that even if the price of one bitcoin becomes very high, people can still use fractions of a bitcoin to transact. For example, if one bitcoin is worth 34,475 US dollars3, one satoshi is worth 0.00034475 US dollars. Therefore, one can still buy a cup of coffee with a few thousand satoshis, regardless of the price of one bitcoin.

A third possible explanation for the phrase “1 bitcoin = 1 bitcoin” is that it is a slogan that reflects the ethos of the bitcoin community. Some bitcoin enthusiasts believe that bitcoin is more than just a digital asset; it is also a social movement that challenges the status quo and empowers individuals to take control of their own money. By saying “1 bitcoin = 1 bitcoin”, they are expressing their confidence and loyalty to the #bitcoin network, and their disregard for the opinions or actions of outsiders who may try to undermine or regulate it.