21 BTCStay humble, stack sats
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In plain words
A sat is one hundred-millionth of a bitcoin. The advice: buy a little, regularly, keep it yourself and don't brag.
Origin story
A sat is one hundred-millionth of a bitcoin. The advice: buy a little, regularly, keep it yourself and don't brag. Podcaster Matt Odell made it his sign-off; it ended up on hats at every Bitcoin conference.
Odell is credited as popularizer; no single first use.
See also
- HODLDuring a crash, a BitcoinTalk user admitted he was a bad trader, a little drunk, and simply holding. He misspelled “holding” in the title.
- Laser eyesAs bitcoin crossed $50,000, a few accounts added red laser beams to their profile pictures with the rule: keep them until $100K. Soon members of Congress, Saylor and much of Bitcoin Twitter joined; El Salvador's president followed.
- Michael SaylorMichael Saylor is the co-founder and executive chairman of Strategy (formerly MicroStrategy), the company that holds more bitcoin than any other. Since 2020 he has been bitcoin's loudest corporate advocate, known for his quotes and memes.
- Orange pillA riff on the red pill from The Matrix (1999), in Bitcoin orange: the moment someone “gets” Bitcoin, or the act of explaining it to a friend (“I orange-pilled my dad”). We built a whole page for doing it kindly.
References
- Bitcoin Magazine bitcoinmagazine.com