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The cryptocurrency community has expressed mixed reactions to Bitcoin Improvement Proposal 177, with critics warning of potential confusion and supporters arguing it could improve Bitcoin’s usability.
BIP 177 is a Bitcoin Improvement Proposal introduced by Synonym CEO John Carvalho that seeks to replace the satoshi denomination with a new unit called “bits”.
Jack Dorsey publicly supported Bitcoin Improvement Proposal 177 by reposting a comment criticizing the satoshi unit and promoting the use of “bits” or simply “Bitcoin”.

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