RATE Group | Samourai Wallet Stops Showing Fiat Value of Bitcoin Balances
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Samourai Wallet Stops Showing Fiat Value of Bitcoin Balances

Samourai Wallet Stops Showing Fiat Value of Bitcoin Balances

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Privacy-focused bitcoin wallet Samourai is dropping fiat conversions from its platform, the company announced Friday.

The Samourai Wallet’s latest release includes a number of changes, including the fact that it is now available in 12 different languages, according to a blog post. However, the most significant change will see the three-year-old platform change from showing stored bitcoin amounts in a U.S. dollar equivalent to showing them only in either bitcoin or satoshis.

According to the post, the company made the move to force users into transacting with bitcoins, saying “we believe it is fundamental that our existing and future users understand that when they transact within the Bitcoin network, when they participate in the Bitcoin economy, they are transacting with the token native to the Bitcoin network, BTC, and nothing else.”

The post explained that when Samourai first began, its founders included a dollar conversion for users’ convenience.

However, it added:

“We are…

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