BITCOIN MAY KILL THE SATOSHI: JACK DORSEY SPARKS CONTROVERSY
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✍️ Block Inc. CEO Jack Dorsey has sparked a debate about the smallest unit of Bitcoin, the satoshi, by suggesting it be replaced with the term 'bitcoin' for indivisible integers.
👉 Jack Dorsey, CEO of Block Inc., has publicly endorsed scrapping the satoshi unit in favor of calling every indivisible integer 'bitcoin' 👉 Proposal BIP 177 would redefine the base unit of Bitcoin to be the primary reference unit, eliminating the customary eight-decimal presentation 👉 Supporters argue that ditching decimals removes the psychological hurdle that drives newcomers to cheaper-looking altcoins 👉 Critics warn that multiplying apparent supply would sow chaos and lead to user confusion
-- #JackDorsey #JohnCarvalho #CoryKlippsten #MichelleWeekley #MagdalenaGronowska #RobinLinus #SatoshiNakamoto #JimmySong #technology
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