Jack Dorsey Backs Renaming Bitcoin’s Smallest Unit ‘Bits,’ Calls ‘Satoshi’ Confusing

Twitter founder Jack Dorsey has proposed a change to Bitcoin’s (CRYPTO: BTC) base unit satoshi, claiming it would make the decentralized currency easier to use as a payment tool.

What Happened: In a X post on May 18, Block CEO Jack Dorsey reignited the ongoing debate over Bitcoin’s smallest unit, advocating for a shift away from the term “satoshi” in favor of “bits.”

Dorsey argues the terminology change would make Bitcoin more accessible and intuitive for everyday users.

The proposal is based on BIP-177, introduced by Synonym CEO John Carvalho, which suggests redefining 1 satoshi as 1 …

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