No More Fiat! Samourai Wallet Will Not Show Bitcoin Balances In Fiat Equivalent
In an unexpected move, the privacy-oriented Samourai Wallet development team has decided to take the first step toward a world in which cryptos replace traditional fiat money and removed balance expressions in fiat.
In an announcement published on its official blog, the Samourai Wallet team not only focused on the technical aspect of its app but also shifted efforts to a more cultural level, by Welcoming “new international users, and saying adieu to fiat currency.”
Samourai: Taking Away Cultural “Crutchs”
The team said the need to think of cryptos in terms of USD Dollars (or another fiat currency) is a cultural “crutch.” According to the developers, when they started the project in 2015, they considered that “users weren’t ready” to stop thinking about fiat when making transactions in cryptocurrencies. However, they realized that as long as users have that facility, there would be no motivation for a user to fix what is not broken:
Goodbye “USD”, Welcome “Sats”
Sentinel: The only Samourai implementation showing balances in fiat
Likewise, to facilitate the reading of the balances, they decided to express the amounts in Satoshis. In this way, they hope to help users to have a better reference in number in “Sats” at the moment of thinking about their operations. It is easier to talk about 90k sats to say. 0,0009 BTC. for example.
The Samourai Wallet is now available in Portuguese, Bulgarian, Chinese, Inflatable, French, German, Indonesian, Italian, Brazilian Portuguese, Russian and Turkish. The team, however, allowed a little final “crutch” for merchants: