I was so confused by this term “Moscow time“ so did a bit of digging (forgive me I’m newb to #BTC): The term “Moscow Time” in Bitcoin slang originated from an incident involving Twitter billionaire Jack Dorsey during a 2021 congressional video call. Behind him was a Bitcoin “block clock” displaying the number of satoshis one could buy for $1 at that moment, which appeared as a number resembling a time — 1952 sats per dollar.

Some observers, including cybersecurity researcher Chris Vickery, misinterpreted the number as literal Moscow time being shown. This led to a humorous conspiracy theory that Dorsey was signaling Russian ties by having “Moscow Time” visible in his background.

Bitcoiners embraced this mix-up and started calling the sats-per-dollar rate “Moscow Time” as a meme. So now, “Moscow Time” means the number of satoshis you get for one US dollar, reflecting how much Bitcoin you can buy with a dollar at any moment. When Bitcoin’s price goes up, “Moscow Time” (sats per dollar) goes down, much like a clock counting backward.