Re: How divisible are bitcoins - the technical side

Date: September 23, 2010

Source: BitcoinTalk Forum

URL: https://satoshi.nakamotoinstitute.org/posts/bitcointalk/461/

I would not encourage using the extra decimal places. They're only intended for future use.

You are correct that above 0.01 can still have additional precision, but the recipient won't be able to see it. The UI will show it rounded down.