Bitcoin core developers propose to abolish the "Satoshi" unit and remove decimal points, sparking community controversy
Internet reports that while the Bitcoin community was busy optimizing user experience, launching hosting solutions, lobbying for supervision, and wooing institutions, core developer and CEO of Synonym John Carvalho came up with a simpler plan: abolishing the "satoshi" unit and removing the decimal point to lower the threshold for newcomers. In the BIP proposal in December 2024, he advocated directly defining the 100 million "Satoshi" split of 1 Bitcoin as "Bitcoin". For example, the transaction currently displayed as 0.00010000 BTC will be displayed as 10,000 BTC in the new system, completely reshaping the measure of "Bitcoin millionaire". The move quickly sparked controversy. Opponents joked with the "pizza theory": If each slice of pizza is called a "whole serving", eight portions will be required to be ordered at one time to meet the demand, implying the absurdity brought about by the expansion of the unit. More community members are worried that if the total number is "inflated" from 21 million to 2.1 billion, it will shake the core foundation of the Bitcoin scarcity narrative. However, Carvalho's proposal may be quietly gathering strength. On April 25, he posted on the X platform: "Although he is still a minority, more and more people are beginning to accept the idea of calling the smallest unit of Bitcoin 'Bitcoin' and eliminating the decimal point."
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