[BIP Proposal] Redefinition of the Bitcoin Unit to the Base Denomination

The email from George Burke to John discusses the terminology used in the Bitcoin network, specifically the terms "bitcoin" and "sats." George outlines several advantages of maintaining the current nomenclature without repurposing the term "bitcoin" to signify something other than its original meaning. He highlights that keeping "sats" as a well-defined term throughout the system minimizes the need for changes. Additionally, allowing "bitcoin" to continue representing the Bitcoin network honors Satoshi Nakamoto's legacy as the founder. Furthermore, George mentions that this approach simplifies the rollout process by gradually phasing out the usage of "bitcoin" in favor of "sats," based on a collective agreement that the term "bitcoin" leads to decimalization awkwardness. This exchange emphasizes the importance of preserving the foundational aspects of Bitcoin while considering practical implications of terminology adjustments within the development community.