Satoshi bill
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Satoshi bill | |
---|---|
Denominations | |
Symbol | , STB |
Banknotes | |
Freq. used | 5, 10, 20, 50, 100 |
Rarely used | 1 |
Demographics | |
User(s) | Satoshi |
Issuance | |
Central bank | Bank of Satoshi |
Valuation | |
Pegged with | Euro EUR 1 = SB 5 |
The Satoshi bill (symbol: ), colloquially known as the Satoshi bill is the official curency of Satoshi. Its symbol is a large "S", with a small "B" in the center.
Banknotes
On September 11th, 2022, an important milestone was reached as the Government of Satoshi introduced its inaugural banknote series, comprising various denominations ranging from 1 to 100. Each banknote denomination within this series boasts unique colors and fonts, reflecting the distinctiveness of the currency. While a more detailed account of the Satoshi banknotes can be found here banknotes, a concise overview is provided below:
- The 1 Satoshi banknote highlights the prominent figure of Alan Turing on its front, while the back features Alan Turing alongside Bletchley Park. Turing, known for his significant contributions to computer science and cryptography, remains a symbol of innovation and intellect.
- The 5 Satoshi banknote, it prominently showcases Nelson Mandela on its front. Mandela, revered globally for his unwavering dedication to human rights and the dismantling of apartheid in South Africa, serves as an inspirational figure in the series.
- The 10 Satoshi banknote proudly exhibits the Knotted Gun, an iconic sculpture, located at the United Nations Headquarters in New York City. This powerful symbol represents the pursuit of peace, disarmament, and the global efforts towards a more peaceful world.
- The 25 Satoshi banknote, it presents the artistic genius of Leonardo da Vinci. Known for his masterpieces and incredible contributions to various fields, including art, science, and engineering, da Vinci's inclusion on this banknote celebrates human creativity and intellectual prowess.
- The 50 Satoshi banknote stands out by featuring Satoshi Nakamoto, the enigmatic creator of Bitcoin and the underlying blockchain technology. Nakamoto's inclusion on the banknote recognizes the transformative impact of cryptocurrencies and their potential to revolutionize the financial landscape.
- The 100 Satoshi banknote showcases the Digi Micro Summit, an event that represents the convergence of digital technology and innovation. This banknote signifies the importance of technological advancement and its role in shaping the future.
In the future, the 1 and 5 banknotes may be printed less compared to the other banknotes to experiment with coins, however this is purely an idea.
Cryptocurrency
On the 8th of May 2023, the Ministry of Finance introduce the "Satoshi bill" token, an ERC 20 token, built on the Polygon blockchain. It has a maximum supply of 150,000,000 token. The token is considered legal tender, its contract address is 0xE44b2310e11ad3D2ff1F7ccDCe95F7bBf32fE5b6.
2023 Banknotes
The Ministry of Finance is preparing the release of the 2023 banknotes, the Ministry is planning to print these banknotes. They will be released on the 25th of September. For the first time in the history of Satoshi, the banknotes will be printed.