It would be something like 70 pennies. I wouldn't pick such amount.
You wouldn't pick up two quarters and two dimes?
That's funny, I was gonna ask them the same question but forgot. I don't people that say they can't be bothered to pick up the change. Sure 70 cents isn't a lot for some people, but 70 cents is a lot of money to some, especially the homeless.
A lot of the time when I find change I'll throw it in one of the many donation boxes you see in stores. Hell, throw it all in a bin at home and around Christmas donate to the food bank.
What 70 cents? 1500 satoshis = 0.000015 btc = 0.0057 USD at this moment.
I don't think that 0.57 cent is a lot of money, even to the poor and homeless...
Are you kidding me? Not sure where you live, but even 70 cents goes a long way from eating to going hungry. There are homeless people living on the streets of Vancouver and they appreciate even 25 cents. As I mentioned in a previous post, it adds up. Couple people give a homeless person 70 cents, thats a meal.
It's all perspective. What maybe nothing to you, can be a lot to another person. Someone goes from having nothing to 70 cents, or even 50 cents, its better than having nothing.
As I said, that 1500 satoshi is not worth 70 cents, but it is just 0.57 cents.
The homeless people may appreciate 25 cents, but probably not so much for half a cent.
While the cents can add up, you will need to spend a lot on the transaction fee in the end, as DannyHamilton explained in post 40.
Fair enough, the topic got a little blurred comparing satoshis to actual coins. You're right, they are only worth 57 cents today, but they could be worth a lot more down the road. Which could change a lot of peoples opinions.
Wait, there must be something wrong here, as you keep considering the value 100 times higher than I do.
We agree the bitcoin price is around 380 USD now, right?
And that 1500 satoshi is 0.000015 bitcoin, right?
And lastly, 1 USD = 100 cents, right?
If the answers to all three questions are "yes", it seems you have miscalculated the "satoshi coin" value 100 times higher.
) instead of picking those 1500-satoshi or 100-satoshi coins on the ground. 