Satoshi or Bit? Bitcoin's Price Surge Reignites Basic Unit Debate

2025/05/20 15:24 (Updated 2025/05/21 08:01)
CoinPost
Written by N.Koda
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Satoshi or Bit? Bitcoin's Price Surge Reignites Basic Unit Debate

'Satoshi is Confusing'

As the price of Bitcoin (BTC) exceeds 15 million yen, the debate over its basic unit has reignited within the community.

The catalyst was Bitcoin Improvement Proposal (BIP) 177, which aims to redefine Bitcoin's basic unit. Jack Dorsey, founder of Twitter (now X) and a long-time Bitcoin advocate, has expressed his support for this proposal.

For those new to Bitcoin, 'Sats' (Satoshi) can be very confusing. It would be better to use 'bits' for Bitcoin, or simply call it Bitcoin.

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Iolite Vol.15

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September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.