The Bitcoin BIP proposal suggests redefining the smallest unit "Satoshi" as "Bitcoin", that is, 1 Satoshi = 1 Bitcoin.

The Bitcoin community is discussing a proposal aimed at eliminating decimals and redefining the measurement unit of Bitcoin, replacing the current smallest unit "聪" (satoshi, abbreviated as sat) with "比特币".

This proposal was put forward by Bitcoin advocate John Carvalho, who argued in the BIP proposal in December 2024 to split 1 Bitcoin into 100 million "Satoshi" and directly define the smallest unit "Satoshi" as "Bitcoin", meaning 1 Satoshi = 1 Bitcoin, which implies that the current 0.00010000 BTC will become 10,000 Bitcoin.

Recently, this proposal has once again attracted the community's attention. Carvalho pointed out that the proposal would align Bitcoin units with its underlying protocol, simplify system understanding, lower the cognitive threshold, and thereby improve education and user experience.

However, the proposal has also sparked divisions within the community, with some supporters believing that this change addresses the "unit bias" that makes Bitcoin seem too expensive.

But some community members have expressed concerns that if the total supply expands from 21 million coins to 21 trillion coins, then the limit of 21 million Bitcoin may lose its significance and also undermine the core foundation of Bitcoin's scarcity narrative.

At the same time, the true benefit of BIP is that it makes us focus more on the smallest unit "Satoshi" (sat), as it is the basic unit of measurement in the Bitcoin protocol, code, and blockchain.

Despite the many disagreements on this issue, Carvalho's proposal has also gained increasing support. He even posted on the X platform stating that, although it is still a minority supporting this proposal, more and more people are beginning to accept the idea of calling the smallest unit of Bitcoin 'Bitcoin'.

In summary, whether this proposal can ultimately be accepted by the community still requires further observation. However, the ongoing debates further highlight that even the smallest unit adjustment can make Bitcoin more readily accepted by the public.

What do you think about this proposal that could change the way Bitcoin is measured? Do you think using "Satoshi" instead of "Bitcoin" as a unit of measurement can lower the threshold for the public to understand Bitcoin?

#计量单位 # cryptocurrency #Bitcoin