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BIP 177: Should Bitcoin redefine it's base unit Sats to Bitcoin, resulting in 2.1 quadrillion Bitcoin? Bad idea imho. by vikisecrets

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hive-121566 · @vikisecrets ·
$17.18
BIP 177: Should Bitcoin redefine it's base unit Sats to Bitcoin, resulting in 2.1 quadrillion Bitcoin? Bad idea imho.
Soll Bitcoin seine Basiseinheit "Satoshi" (Sats) in Bitcoin umbenenne? Derzeit gibt es wieder ein umstrittenes Proposal, die Basiseinheit von Bitcoin umzubenennen.

1 Statoshi wäre dann 1 Bitcoin.

Befürworter meinen, dass dies eine Lösung für die unübersichtlichen Nachkommastellen von Bitcoin und den Unit-Bias wäre.

Kritiker sehen darin eine Aufweichung der 21 Millionen Bitcoin-Obergrenze. Durch die Umbenennung der Einheiten würde es plötzlich 2.1 Billiarden (10^15) Bitcoin geben.

Denke, dass das keine gute Idee ist. Bitcoin hat bereits kleinere Einheiten, mit denen man kleine Beträge ausdrücken kann. Bits und Sats.

1 Bit = 100 Sats = 0.00000100 Bitcoin (BTC)

Was sagt ihr zum Proposal, Satoshis in Bitcoin umzubenennen? Wie mit dem Unit-Bias bei ständig steigendem Bitcoin/Dollar-Kurs umgehen?

## BIP-177: Sats the new Bitcoin?

![image.png](https://files.peakd.com/file/peakd-hive/vikisecrets/AK7yM1sR65vwsG3h1uKRRfi3raKaAremvN3UsgkQ7QDYRja7KnkLiWMrfsi9KSY.png)

https://x.com/AlexesNakamoto/status/1924126340057567691

![image.png](https://files.peakd.com/file/peakd-hive/vikisecrets/23tGZbrQ7zGmZS1JK8SH86W1dN6fkhgJD84RRpZn5CpUyy78yuKqVwQwUBNUGpVo4eXgY.png)

https://bips.dev/177/

https://x.com/blocktrainer/status/1924769415238750219

https://x.com/alex_tai/status/1924627224009056462

## English

Should Bitcoin rename its base unit “Satoshi” (Sats) to "Bitcoin"? There is currently another controversial proposal to rename the base unit of Bitcoin.

1 Statoshi would then be 1 Bitcoin.

Supporters believe that this would be a solution to Bitcoin's confusing decimal places and unit bias.

Critics see this as a softening of the 21 million Bitcoin cap. By renaming the units, there would suddenly be 2.1 quadrillion (10^15) Bitcoin.

Don't think this is a good idea. Bitcoin already has smaller units that can be used to express small amounts. Bits and sats.

1 bit = 100 sats = 0.00000100 Bitcoin (BTC)

What do you think about the proposal to rename Satoshis to Bitcoin? How to deal with the unit bias with the Bitcoin/dollar exchange rate constantly rising?
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vote details (343)
@borsengelaber ·
$0.09
1 BTC should remain 100M Sats or if you like you can call them Bits. But I prefer Sats as a reference to Bitcoins founder Satoshi.
👍  
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@davideownzall ·
$0.09
I don't like this change, bitcoin has to stay as it is

!PIZZA
👍  
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vote details (1)
@djbravo · 
I think it should continue the way it is going. Any change will cause people to lose confidence and therefore prices will come down. So nothing like this should happen right now.
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@filosof103 ·
$0.09
Es sollte so bleiben um Neulinge, die ja gebraucht werden um Bitcoin bekannter zu machen, nicht zu verunsichern.
👍  
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vote details (1)
@finsteraar · 
Mann sollte den Namen nicht ändern verwirrt nur die leute
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@gatet ·
$0.09
This strikes me as nonsense that won't get anywhere. Besides, nothing will stop us from continuing to call Bitcoins Bitcoins and Satoshi Satoshi.
👍  
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vote details (1)
@hatdogsensei · 
I think it should stay the same as it may introduce some confusion
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@hivebuzz · 
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@jfang003 ·
@jfang003 "I don't think they should change it. It would conf..."
I don't think they should change it. It would confuse a bunch of people who already know the current system.
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@oskarl21 · (edited)
Changing the name of satoshis does not solve the problem of unit bias and could create more confusion within the community. Moreover, the name Satoshi holds historical value within the Bitcoin ecosystem, as it honors its creator.
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@pizzabot · 
<center>PIZZA!


$PIZZA slices delivered:
@davideownzall<sub>(8/15)</sub> tipped @vikisecrets 


<sub>Come get [MOON](https://moon.hive.pizza)ed!</sub></center>
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@redditposh ·
$2.71
https://www.reddit.com/r/Kryptostrassenwetten/comments/1kv0h21/bip_177_should_bitcoin_redefine_its_base_unit/
<sub> This post has been shared on Reddit by  @flummi97 through the [HivePosh](https://hiveposh.com/) initiative.</sub>
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vote details (6)
@tahirmuneer · 
no, it should remain the same.
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