The Unit Denomination of Bitcoin Does Not Need To Change

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Last week, long-time Bitcoiner John Carvalho introduced a new Bitcoin Improvement Proposal (BIP) aimed at addressing the unit bias issue many people face when first finding bitcoin.

“This BIP proposes redefining the commonly recognized “bitcoin” unit so that what was previously known as the smallest indivisible unit becomes the primary reference unit,” Carvalho explains. “Under this proposal, one bitcoin is…

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