A recent proposal to change Bitcoin’s base unit from satoshis to 'bits' has stirred debate in the cryptocurrency community. The proposal, put forth by Bitcoin developer John Carvalho, seeks to eliminate the concept of satoshis, which currently represent one hundred millionths of a Bitcoin. Carvalho argues that the satoshi designation adds unnecessary complexity, as understanding decimal points can be confusing for newcomers. Supporters of the change, including Block Inc. CEO Jack Dorsey, believe that referring to Bitcoin in terms of bits, which would split Bitcoin into 21 quadrillion units, simplifies transactions for users and makes the currency more approachable. Conversely, critics, such as Bitcoin consultant Michelle Weekley, contend that just as people understand cents in a dollar, they can understand sats in Bitcoin. The discussion echoes earlier suggestions from others in the community who have advocated for a simpler representation of Bitcoin’s value. Notably, the original Bitcoin creator, Satoshi Nakamoto, indicated openness to changes in how Bitcoin's units are displayed if it aids usability. The debate emphasizes differing perspectives on how best to promote Bitcoin adoption among the general public.

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