{"id":27445,"date":"2025-05-19T10:46:38","date_gmt":"2025-05-19T10:46:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27445"},"modified":"2025-05-19T10:46:38","modified_gmt":"2025-05-19T10:46:38","slug":"bitcoin-may-kill-the-satoshi-jack-dorsey-sparks-controversy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27445","title":{"rendered":"Bitcoin May Kill The Satoshi: Jack Dorsey Sparks Controversy"},"content":{"rendered":"
\n

Bitcoin\u2019s smallest named unit, the satoshi, is suddenly on the defensive after Block Inc. chief executive Jack Dorsey publicly endorsed scrapping it in favour of calling every indivisible integer of the network simply \u201cbitcoin.\u201d On Sunday the former Twitter CEO reposted<\/a> a remark by \u201cgrubles\u201d and added his own assessment: \u201csats are so confusing to people just getting into bitcoin. bits of bitcoin is better, and just bitcoin is best.\u201d<\/p>\n

Dorsey<\/a>\u2019s interjection came in response to grubles who argued that \u201c\u2018Sats\u2019 are technically bitcoin. So it\u2019s not incorrect to just stop calling them sats and just call them bitcoin again.\u201d One critic replied that the discussion showed that \u201cpeople have nothing else to worry about,\u201d to which Dorsey shot back: \u201cI\u2019m very worried about Bitcoin becoming money. It must.\u201d<\/p>\n

Proposal To Ditch Satoshis As Bitcoin\u2019s Base Unit<\/h2>\n

The immediate backdrop is the improvement proposal 177 (BIP 177)<\/a>, introduced on 23 April by Synonym CEO and developer John Carvalho. The document would \u201credefine the commonly recognized \u2018bitcoin\u2019 unit so that the base unit becomes the primary reference unit,\u201d eliminating the customary eight-decimal presentation and deprecating the term \u201csatoshi.\u201d Internally nothing changes; what users now know as 1 BTC would display as 100 000 000 bitcoins, while wallets could offer a legacy toggle for backwards compatibility.<\/p>\n

Carvalho argues that imposing an integer-only view cleans up education and user interfaces by exposing the protocol\u2019s true nature: \u201cBitcoin\u2019s ledger represents values as integral base units. The decimal point is merely a human-imposed abstraction.\u201d Supporters say that ditching decimals removes the psychological hurdle that drives newcomers to cheaper-looking altcoins and that the move resembles a \u201cstock split\u201d rather than a monetary debasement.<\/p>\n

Resistance has been fierce. Swan chief executive Cory Klippsten, Byte Federal product director Michelle Weekley and consultant Magdalena Gronowska all warn that multiplying apparent supply from 21 million<\/a> to 2.1 quadrillion \u201cbitcoins\u201d would sow chaos. Weekley counters<\/a> that \u201cpeople understand cents in a dollar, they will understand sats in a Bitcoin,\u201d while Gronowska fears some users \u201ccould think that Bitcoin abruptly crashed from its current price of around $100,000 and that its supply has massively inflated.\u201d<\/p>\n

Robin Linus, creator of the Bitcoin Virtual Machine (BVM), notes that the currency\u2019s pseudonymous inventor anticipated such a shift. In a 6 February 2010 Bitcointalk post<\/a>, Satoshi Nakamoto wrote: \u201cIf it gets tiresome working with small numbers, we could change where the display shows the decimal point\u2026 Same amount of money, just different convention.\u201d<\/p>\n

The denomination debate is hardly new: Jimmy Song\u2019s 2017 BIP 176 proposed \u201cbits\u201d (one-millionth of a BTC) as a friendlier frontage, but Carvalho dismisses that as retaining a \u201clayered decimal approach\u201d and \u201cshifting complexity rather than eliminating it.\u201d<\/p>\n

No Bitcoin consensus-critical change has been activated since the Taproot soft fork<\/a> in November 2021, and BIP 177 would likewise require only interface, not protocol, updates\u2014yet a norm change still depends on widespread voluntary adoption by wallets, exchanges and payment processors.<\/p>\n

For now the market shows little concern. Bitcoin changed hands at about $102,786.<\/p>\n

\"Bitcoin<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s smallest named unit, the satoshi, is suddenly on the defensive after Block Inc. chief executive Jack Dorsey publicly endorsed scrapping it in favour of calling every indivisible integer of the network simply \u201cbitcoin.\u201d On Sunday the former Twitter CEO reposted a remark by \u201cgrubles\u201d and added his own assessment: \u201csats are so confusing to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27445","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27445"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27445\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}