coins and more: 3717) “The Creator - Techno Totem": 1000 Satoshi, 2 oz Pure Silver Antique Finish Coin – Minted By: Mint XXI, Poland – United Crypto States (UCS): Date/Year of Coin issue: 2025:

Wednesday, 29 January 2025

3717) “The Creator - Techno Totem": 1000 Satoshi, 2 oz Pure Silver Antique Finish Coin – Minted By: Mint XXI, Poland – United Crypto States (UCS): Date/Year of Coin issue: 2025:

What Is a Satoshi?

It is the smallest denomination of the cryptocurrency bitcoin. It is named after Satoshi Nakamoto, the Bitcoin creator(s)/founder(s).

The Satoshi to Bitcoin ratio is 100 million Satoshis to one Bitcoin.

- Bitcoins can be split into smaller units to facilitate smaller transactions.

- A Satoshi is the smallest denomination of bitcoin, equivalent to 100 millionth of a bitcoin.

History of the Satoshi:

The Satoshi represents one hundred millionth of a bitcoin. Because Bitcoin has increased in value exponentially, smaller denominations are needed for smaller transactions.

Small denominations make bitcoin transactions easier to conduct while making them readable by people.

The result of this conversion has several decimal places, but because a Satoshi is the smallest unit and cannot be divided, the decimal places are not used.

Where Did the Name Satoshi Come from?

The Satoshi is named after Satoshi Nakamoto, the anonymous person (or persons) who published the white paper in 2008 that jump-started the development of Bitcoin and popularised crypto.

The white paper “Bitcoin: A Peer-to-Peer Electronic Cash System” described a peer-to-peer network as a solution to the double-spending problem found in previous cryptocurrency concepts.

What Is Double Spending?

A physical bill or coin can only exist in one place; therefore, you cannot use it for two transactions.

One person receives a physical item, and the other loses it. Cryptocurrency is a representation of ownership recorded in a database—without specific measures taken to prevent it, one user can transfer ownership of one asset more than once. This is called “double spending”.

When you can double spend, you can give an item to someone in exchange for goods or services and use it again for another transaction.

The peer-to-peer ledger and transaction verification system, or consensus mechanism, solved the problem of transferring the ownership of a digital currency so that a user cannot spend the same asset twice.

Consensus mechanisms verifying a database change weren’t brand new when Bitcoin was conceived. However, they made the idea of decentralised currency verification and control achievable.

Using Satoshi:

While not officially part of a major currency pair, Bitcoins and Satoshis can be converted to and from other currencies. Cryptocurrency exchanges allow you to convert between fiat and cryptocurrencies or conduct other transactions.

Generally, transactions involve depositing dollars, pounds, or other currencies into an account in one of the exchanges.

The money is converted to Satoshis or Bitcoins, which you can use at merchants that accept them as payment.

Not all online merchants accept all or any forms of cryptocurrency—make sure you research the merchants where you want to use your Satoshi and bitcoin and make sure they accept them.

How Is Satoshi Different from Other Digital Denominations?

Many cryptocurrencies use denominations specific to their designer’s preferences. For example, Bitcoin uses only the Satoshi as a denomination, while Ethereum uses several.

Both versions make it easier to conduct transactions in amounts that are not equal to the currency’s market value, but their difference in denominations can be confusing if you’re new to cryptocurrency.

Product Description (The Coin):

Nominated in cryptocurrency, this 2 oz silver coin is a technological feat, enhanced with high relief, digital printing, and holographic protection.

Centered on a human portrait, it refers to the creators of AI and digital technology, with a vibrant crystal insert reflecting the purity of ideas born in the mind of The Creator.

The Presentation Case/Box with the Coin and the Certificate of Authenticity (COA)

The Shipper

The specifications of this Coin are:

Country: United Crypto States (UCS)

Weight: 2 oz

Dimensions: 50.00 mm

Finish: Antique Finish, High Relief, Digital Printing, Crystal Insert, Holographic Protection.

Metal Purity: .999

COA and Box: Yes

Face Value: 1000 Satoshi

Mintage: 1000 pieces

Crypto Stamps with NFT:

:1) Croatian Crypto Stamp - 2, Croatia: A 50 HRK stamp (a combination of the analog and the digital) issued by "Hrvatska Posta" (Croatian Post) in coordination with the Croatian Blockchain community gathered around the Blockchain and Cryptocurrency Association: Date of Stamp issue: 16.12.2020

2) Did You Know Series (49): Dogecoin (DOGE), Blockchain Mint, Singapore: Blockchain Mint has issued Silver DOGE Medals in three variants - i) Silver Dogecoin Cryptocurrency Medal Gem BU, ii) Silver Dogecoin Cryptocurrency Medal Proof-Like in Blister Pak, iii) Dogecoin Cryptocurrency Commemorative Medal Antiqued in Blister Pak: Date of Medal release/shipping: 05/2021

3) Did You Know Series (50): A Guest Post by Avery Wright: "Is Making the Crypto Space Legally Complaint Paving the Road to Mass (Blockchain) Adoption?" - A perspective:

4) Gibraltar Cryptocurrency Stamp: Stamp value 4 Pounds: Date of Stamp issue: 15.05.2021: (Pre-orderd accepted from 19.04.2021):

5) Bit-Coin Backed Banknotes are being envisaged by "Noteworthy" which are aimed at generating user confidence in the Cryptocurrency

6) "Blockchain Technology", Principality of Liechtenstein: A Crypto Stamp of CHF 5.20 titled "Perspective" issued by Liechtensteinische Post: Date of Stamp issue: 06.09.2021

7) "Bitcoin Logo", Niue Island: A $2 (Two Dollars) Silver Brilliant Uncirculated (BU) Coin features this iconic Logo of the well known Cryptocurrency: Year of Coin issue: 2022

8) Crypto-stamp - Rimec Nevera, Croatia: Hrvatska posta (Croatian Post) has issued a Crypto-stamp Souvenir Sheet (a combination of the analog and the digital) of One Stamp of HRK50.00 on a PVC background: Date of Crypto-stamp issue: 09.09.2021

9) "UN Crypto Stamps", United Nations: "New Technologies for the United Nations Stamp Series": United Nations Postal Administration brought out its first time ever UN Crypto Stamps, which run on Etherium Blockchain: Date of Stamps issue: 24.11.2020

10) "Equality", Liechtenstein: A "BlockChain Stamp Series: A Stamp 4.1 "Equality issued by Liechtensteinische Post (Philately Liechtenstein) with a face value of CHF 9.00): Date of Stamp issue: 09.09.2022

11) Croatian Crypto Stamp, Croatia: A 50 HRK Stamp (a combination of the analog and the digital) issued by "Hrvatska Posta (Croatian Post) in coordination with the Croatian Blockchain and Cryptocurrency Association: Date of Crypto Stamp issue: 09.09.2020

12) Crypto Stamp 4.0 - Grab the Bull by the Horns - set, Austria: Osterreichische Post AG (Austrian Post) has released a Joint-issue between two countries - Austria and Netherlands, featuring the new technology "Augmented Reality", with a new motif of the Bull: Date of Crypto Stamp issue: 28.10.2022

13) "UN Crypto Stamps", United Nations: "New Technologies for the United Nations Stamp Series": Series II of United Nations Crypto Stamps issued by the United Nations Postal Administration (UNPA) which run on Blockchain Technolgy: Date of Stamps issue:18.11.2022