Block Inc. CEO Jack Dorsey advocates for changing Bitcoin’s unit from satoshis to bits, aiming for simplification as a payment tool. Meanwhile, Bitcoin developer John Carvalho introduced BIP-177 to adjust Bitcoin’s display while critics remain skeptical about making satoshis less confusing.
Opponents of the proposed change highlight that users already understand satoshis, similar to cents in traditional currency. This reflects the ongoing debate about ease of use and user familiarity in cryptocurrency, prompting varied opinions within the Bitcoin community.
Satoshi Nakamoto, Bitcoin’s pseudonymous creator, suggested altering Bitcoin’s unit display for better usability in the past. This historical perspective underscores the long-standing discussions around Bitcoin’s structure, with developers and community members weighing the benefits and drawbacks.
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