Industry Group Aims to Change Bitcoin Symbol to 'Ƀ'

The Unicode Ƀ symbol has been chosen by a website of industry members to better legitimize bitcoin in print.

AccessTimeIconApr 9, 2014 at 9:52 a.m. UTC
Updated Apr 10, 2024 at 3:09 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

An effort to better represent bitcoin as a symbol has been launched.

The Unicode Ƀ symbol has been chosen by a website of industry members as a way to better legitimize bitcoin as a symbol both in print and online media.

It is already an existing Unicode character under the non-profit corporation Unicode Consortium, which describes it as a "latin capital B with stroke" that has the hex Alt +0243.

A number of bitcoin companies already use Ƀ as the symbol to denote bitcoin. They include ZeroBlock, Lamassu and Tip4Commit.

The current bitcoin symbol

Bitcoin has long been denoted as B⃦, however it is not recognized as a Unicode symbol by the Unicode Consortium, which develops such standards.


Having a symbol in Unicode form means it would work in different fonts and formats and would help to better convey the cryptocurrency to the masses in various forms of media.

There has been community discussion to get B⃦ used in conjunction with the Unicode Consortium, with a Bitcoin Wiki resource devoted to it.

However, since the Unicode Consortium already accepts Ƀ, it could be an easier path to adoption since there are no standardization roadblocks in the way.

Differing viewpoints

CoinDesk asked several people in the bitcoin industry their views on the Ƀ symbol – and reactions were mixed. Sean Neville is the chief technology officer of Circle, a company focused on consumer adoption of bitcoin. Neville said:

"I'm not a huge fan of that actual symbol, but I think it's a pretty neat idea."

Adam Draper, founder of startup accelerator Boost VC, said that there's nothing wrong with the bitcoin symbol used today: "What's wrong with the double dashed B?"

John Light, who organizes cryptocurrency meetups in the San Francisco Bay Area, sees the marketing potential for using something already accepted by the Unicode Consortium:

"I think it's a good branding move – open source, no currency symbol conflicts, available as a font."

Community consensus

The community that has developed around bitcoin is what has helped it grow and any decision-making on what bitcoin's official symbol should be will require its direction.

The abbreviation BTC has been adopted as a simple, yet unofficial acronym for bitcoin. And the ISO 4217 standard has taken steps towards making XBT an official currency code, even though many, like the IRS, still don't consider bitcoin a currency.

Setting standards for bitcoin are important to maintaining its legitimacy, but a consensus on this particular subject of bitcoin's Unicode symbol has not been made yet.

So, what's the right choice - B⃦ or Ƀ? Share your views in the comments below.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.