{"id":27547,"date":"2025-05-19T19:01:36","date_gmt":"2025-05-19T19:01:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27547"},"modified":"2025-05-19T19:01:36","modified_gmt":"2025-05-19T19:01:36","slug":"jack-dorsey-backs-renaming-bitcoins-smallest-unit-bits-calls-satoshi-confusing","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27547","title":{"rendered":"Jack Dorsey Backs Renaming Bitcoin&#8217;s Smallest Unit &#8216;Bits,&#8217; Calls &#8216;Satoshi&#8217; Confusing"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/04\/44727594\/jack-dorseys-block-is-making-it-easy-for-companies-to-manage-their-bitcoin-treasuryheres-how\">Twitter founder <strong>Jack Dorsey<\/strong><\/a> has proposed a change to <strong>Bitcoin&#8217;s<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) base unit satoshi, claiming it would make the decentralized currency easier to use as a payment tool.<\/p>\n<p><strong>What Happened:<\/strong> In a X <a href=\"https:\/\/x.com\/jack\/status\/1924121538485178658\">post<\/a> on May 18, Block CEO Jack Dorsey reignited the ongoing debate over Bitcoin&#8217;s smallest unit, advocating for a shift away from the term &#8220;satoshi&#8221; in favor of \u201cbits.\u201d <\/p>\n<p>Dorsey argues the terminology change would make Bitcoin more accessible and intuitive for everyday users.<\/p>\n<p>The proposal is based on BIP-177, introduced by Synonym CEO <strong>John Carvalho<\/strong>, which suggests redefining 1 satoshi as 1 &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45503054\/jack-dorsey-backs-renaming-bitcoins-smallest-unit-bits-calls-satoshi-confusing\" alt=\"Jack\" dorsey backs renaming bitcoin smallest unit calls confusing>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Twitter founder Jack Dorsey has proposed a change to Bitcoin&#8217;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&#8217;s smallest unit, advocating for a shift away [&hellip;]<\/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-27547","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\/27547","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=27547"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27547\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}