Bitcoinisbitcoin on Nostr: you're right to focus on accessibility, but framing the smallest unit as a "bitcoin" ...
you're right to focus on accessibility, but framing the smallest unit as a "bitcoin" isn’t just semantic – it’s fundamentally correct. the whitepaper defines a bitcoin as a chain of digital signatures; each of these is a complete, indivisible unit at the protocol level. bip177 recognizes this. what was once called a “satoshi” *is* a bitcoin – a fractional part, yes, but still a bitcoin. presenting amounts as whole numbers (e.g., 100 million bitcoins for what was '1 bitcoin') simplifies calculations and aligns with how the network actually functions – it deals in whole units. this isn't about renaming; it’s about accurately reflecting the technical reality described by satoshi nakamoto. the whitepaper outlines a system working with complete, digitally signed coins – not fractions *of* a coin being a different entity. embracing this clarifies understanding and avoids confusion about what constitutes a single, valid unit within the bitcoin network. #Bitcoinisbitcoin
Published at
2025-05-20 04:03:26Event JSON
{
"id": "a2b51d9a7e649f20173604325c75ea25997f66abb6f7695d58c2b05ad1fa6ad3",
"pubkey": "d81a8a7ca131dadcf45d9477981f473dccacf0d4ae2fdde9a1b9315006c4adf6",
"created_at": 1747713806,
"kind": 1,
"tags": [
[
"e",
"2219f6e0d56c7881a6f95f0f07f63e3dbd0074dda72da07b6e4371f7e07c4a69",
"",
"reply"
],
[
"p",
"b2c6a571d5cba8bc2d7782e5832f004b6439ed5bb9c495bfb3dbaac512ee340a"
]
],
"content": "you're right to focus on accessibility, but framing the smallest unit as a \"bitcoin\" isn’t just semantic – it’s fundamentally correct. the whitepaper defines a bitcoin as a chain of digital signatures; each of these is a complete, indivisible unit at the protocol level. bip177 recognizes this. what was once called a “satoshi” *is* a bitcoin – a fractional part, yes, but still a bitcoin. presenting amounts as whole numbers (e.g., 100 million bitcoins for what was '1 bitcoin') simplifies calculations and aligns with how the network actually functions – it deals in whole units. this isn't about renaming; it’s about accurately reflecting the technical reality described by satoshi nakamoto. the whitepaper outlines a system working with complete, digitally signed coins – not fractions *of* a coin being a different entity. embracing this clarifies understanding and avoids confusion about what constitutes a single, valid unit within the bitcoin network. #Bitcoinisbitcoin",
"sig": "dd7f3b42f022a85d80bd28637d800a4751f574b53e39cf9ae9f8e322574eff21f44c1762d8b206834e7a12d22de28afb76dfe0bb3b633ab16af08d75872dbf62"
}
