Oddbean new post about | logout
 yes, I wrote it off as a Giffen good. 

even buying it initially on an exchange was still not enough to understand what Satoshis were. 

when i finally tried cold storage (actually it took a few months more because I first got a Ledger, and their software doesn't make it clear that there are separate UTXOs so i ended up with Blockstream Jade ) and understood what Satoshis were, someone on here said:

 "Satoshis don't exist, they just measure UTXOs"

So that further accelerated the fall into the rabbit hole 

I'm sorry I like to take out all my aggression on Ledger. but why did they leave me in the dark for so long about UTXOs? I'm sure I clicked around in their software enough to have discovered where they showed individual UTXOs, but thankfully I was adventurous to try another product (Jade) and that clearly showed different "coins" and the cost to combine them.

I'm having the same issue now with BitKey. I don't know what it does with individual small UTXOs on the wallet. Does it just automatically consolidate  them for me when I send transactions? will i be left with unspendable chunks in the future?