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John Carvalho has proposed BIP-177: renaming “satoshi” to “bitcoin.” Under the proposal, 1 satoshi would equal 1 bitcoin, while the “full” unit remains 1 BTC. Carvalho argues the new naming simplifies decimal confusion, making it easier for newcomers to buy and use. Jack Dorsey supports the proposal, stating the term “sats” discourages spending. Some developers back it, seeing it as a cure for “cheap coin syndrome.” However, many Bitcoiners oppose it, arguing the rename could confuse the fixed 21 million BTC supply and diminish Satoshi Nakamoto’s legacy. Carvalho clarifies it’s only a naming change, not affecting supply, and the proposal needs community consideration with no final decision yet.
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