From: Eugen Leitl <eugen@leitl•org>
To: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] moving the default display to mbtc
Date: Fri, 15 Nov 2013 11:39:17 +0100 [thread overview]
Message-ID: <20131115103917.GP5661@leitl.org> (raw)
In-Reply-To: <CALMbsiKktwOVfLv2DZMBXVtWVMbtvK2uSUMKriY+PndzYLmzZg@mail.gmail.com>
On Fri, Nov 15, 2013 at 01:37:56AM -0800, Alex Kravets wrote:
> Hi guys,
Alex, you're top-posting and not trimming your replies.
> I've seen many many non-geeks be utterly intimidated and confused by
> 0.000XXXXX quantities and/or mBTC & uBTC notation
Yes, people really can't tell any difference between
mm, cm, m, dm and km. Not.
>
> Yes, $10 being rougnly 10,000 Won in South Korean is a great example where
> large amounts of units work very well in a major economy.
You're trying to invent a new symbol for the same unit, instead
of using an established, generic system of prefixes.
That's pretty insane.
>
> FWIW, I would prefer the entire switch-over be done *once* *and *at the
> same time switching both BTC to XBT and using the following
I would prefer that nobody does any such silly thing.
>
> Currency Code *: *XBT
> Unit Definition *: *1 Bit = 100 Satoshis
>
> Addition benefit is splitting the term Bitcoin/bitcoin (as in Network and
> currency unit) into Bitcoin (network) and Bit (the unit).
Bitcoin is not measured in bits. Bits are units of information, and
are measured in bits, kbits, Mbits, Gbits, Tbits, Pbits etc.
http://en.wikipedia.org/wiki/Bit_rate
>
> Perhaps this project/process should have a name and be listed on a road map
> somewhere
What would a sane person think if he saw that on the roadmap, you think?
> *BRCS: *Bitcoin Re-denomination and [Currency] Code Standardization project
Ever heard of SI unit prefixes?
http://en.wikipedia.org/wiki/Metric_prefix
>
> Cheers ...
>
>
>
>
>
> On Fri, Nov 15, 2013 at 1:23 AM, Eugen Leitl <eugen@leitl•org> wrote:
>
> > On Thu, Nov 14, 2013 at 05:53:16PM -0500, Alan Reiner wrote:
> > > I really like the XBT idea. It makes a lot of sense to match the ISO
> >
> > I really don't. Just use the SI prefixes.
> >
> > > currency symbol (though the ISO guys will have to adjust the way they've
> > > defined the "XBT"). And I do agree that going right to uBTC and
> > > skipping mBTC makes sense, too.
> >
> > The display units should be choosable by the user.
> >
> > > I'd prefer them not be called "micro bitcoins." I really want to call
> > > them "microbes" ... but I'm not sure that has the right flavor for money
> >
> > Why on earth?
> >
> > > transfer :) "Please give me 872 microbes". Perhaps we just call them
> > > "bits." Or even "micros" or "microbits". As I write this, I realize
> > > there's probably 872 threads on the forums about this already...
> > >
> > > But we would want to promote a consistent term, to avoid further
> > > confusion when people use different names for the new unit. It's not
> > > guaranteed to be successful, but if we pick a good name, and build it
> > > into the interface on the first release pushing the new unit, we have a
> > > chance to make the transition even easier.
> >
> > The reason SI prefixes were invented is exactly to preven that case.
> >
> >
> > ------------------------------------------------------------------------------
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> > Bitcoin-development@lists•sourceforge.net
> > https://lists.sourceforge.net/lists/listinfo/bitcoin-development
> >
>
>
>
> --
> Alex Kravets <http://www.linkedin.com/in/akravets> def redPill = '
> Scala <http://www.scala-lang.org/>
> [[ brutal honesty <http://goo.gl/vwydt> is the best policy ]]
> ------------------------------------------------------------------------------
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> OAuth, Users, Roles, SQL, NoSQL, BLOB Storage and External API Access
> Free app hosting. Or install the open source package on any LAMP server.
> Sign up and see examples for AngularJS, jQuery, Sencha Touch and Native!
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next prev parent reply other threads:[~2013-11-15 10:39 UTC|newest]
Thread overview: 112+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-11-14 11:45 Melvin Carvalho
2013-11-14 18:18 ` Luke-Jr
2013-11-17 3:22 ` Jacob Lyles
2013-11-14 20:01 ` Alan Reiner
2013-11-14 21:15 ` Mark Friedenbach
2013-11-14 21:55 ` Allen Piscitello
2013-11-14 22:00 ` Alan Reiner
2013-11-14 22:07 ` Allen Piscitello
2013-11-14 23:01 ` Luke-Jr
2013-11-14 23:11 ` Mark Friedenbach
2013-11-14 23:13 ` Luke-Jr
2013-11-14 23:22 ` Jeff Garzik
2013-11-15 0:15 ` Luke-Jr
2013-11-15 0:18 ` Mark Friedenbach
2013-11-16 0:41 ` Drak
2013-11-16 0:48 ` Mark Friedenbach
2013-11-16 1:10 ` Luke-Jr
2013-11-16 1:19 ` Jean-Paul Kogelman
2013-11-16 1:19 ` Drak
2013-11-16 1:31 ` Mark Friedenbach
2013-11-15 8:55 ` Eugen Leitl
2013-11-14 22:21 ` Mark Friedenbach
2013-11-14 22:32 ` Drak
2013-11-14 22:37 ` Drak
2014-05-02 19:17 ` Jeff Garzik
2014-05-03 0:54 ` Ben Davenport
2014-05-03 1:13 ` Alan Reiner
2014-05-03 1:50 ` Aaron Voisine
2014-05-03 2:10 ` Matias Alejo Garcia
2014-05-03 2:38 ` Luke Dashjr
2014-05-03 2:41 ` Ben Davenport
2014-05-03 2:43 ` Peter Todd
2014-05-03 3:35 ` Un Ix
2014-05-03 12:32 ` Roy Badami
2014-05-03 4:23 ` Tamas Blummer
2013-11-14 22:03 ` Jeff Garzik
2013-11-14 22:31 ` Mark Friedenbach
2013-11-14 22:53 ` Alan Reiner
2013-11-14 23:01 ` Jeff Garzik
2013-11-14 23:10 ` Luke-Jr
2013-11-15 9:23 ` Eugen Leitl
2013-11-15 9:37 ` Alex Kravets
2013-11-15 9:59 ` Adam Back
2013-11-15 10:39 ` Eugen Leitl [this message]
2013-11-15 7:18 ` Wladimir
2013-11-18 2:28 ` Wendell
2014-03-13 12:56 ` Jeff Garzik
2014-03-13 13:29 ` Gary Rowe
2014-03-13 13:31 ` Mike Hearn
2014-03-13 13:40 ` Andreas Schildbach
2014-03-14 14:05 ` Andreas Schildbach
2014-03-14 14:14 ` Tamas Blummer
2014-03-14 14:49 ` Andreas Schildbach
2014-03-14 14:57 ` Tamas Blummer
2014-03-14 15:02 ` Andreas Schildbach
2014-03-14 15:12 ` Tamas Blummer
2014-03-14 15:30 ` Andreas Schildbach
2014-03-14 15:32 ` Mike Hearn
2014-03-14 15:56 ` Andreas Schildbach
2014-03-14 16:01 ` Mark Friedenbach
2014-03-14 16:15 ` Alex Morcos
2014-03-14 16:51 ` Ricardo Filipe
2014-03-14 16:58 ` Allen Piscitello
2014-03-14 15:10 ` Tyler
2014-03-14 14:18 ` Roy Badami
2014-03-13 19:38 ` Jeff Garzik
2014-03-13 13:34 ` Wladimir
2014-03-13 13:45 ` Jeff Garzik
2014-03-13 13:53 ` Mike Hearn
2014-03-13 14:32 ` Jeff Garzik
2014-03-13 15:50 ` Mike Hearn
2014-03-13 16:17 ` Troy Benjegerdes
2014-03-13 16:39 ` Melvin Carvalho
2014-03-13 16:55 ` Allen Piscitello
2014-03-13 17:13 ` Mike Hearn
2014-03-13 17:23 ` Allen Piscitello
2014-03-13 16:14 ` Alan Reiner
2014-03-13 16:23 ` Tamas Blummer
2014-03-13 16:29 ` Jeff Garzik
2014-03-13 17:18 ` Mark Friedenbach
2014-03-13 17:21 ` Jeff Garzik
2014-03-13 17:24 ` Mike Hearn
2014-03-13 17:36 ` Alan Reiner
2014-03-13 17:43 ` Wladimir
2014-03-13 17:51 ` Mike Hearn
2014-03-13 17:58 ` Alan Reiner
2014-03-13 19:26 ` Drak
2014-03-13 16:08 ` Troy Benjegerdes
2014-03-13 16:30 ` Tamas Blummer
2014-03-13 16:37 ` slush
2014-03-13 17:48 ` Luke-Jr
2014-03-13 18:23 ` Jorge Timón
2014-03-13 18:29 ` Mike Hearn
2014-03-13 18:51 ` Ben Davenport
2014-03-14 0:34 ` Jorge Timón
2014-03-14 17:14 ` vv01f
2014-03-14 20:13 ` Natanael
2014-03-14 1:26 ` Un Ix
2014-03-14 21:56 ` Odinn Cyberguerrilla
2013-11-15 10:45 ` Wladimir
2013-11-15 10:57 ` Eugen Leitl
2013-11-14 22:27 ` Drak
2013-11-15 0:05 ` Jeff Garzik
2013-11-15 0:37 ` Daniel F
2013-11-15 0:46 ` Melvin Carvalho
2013-11-15 0:57 ` Alan Reiner
2014-05-02 14:29 ` Melvin Carvalho
2013-11-15 5:21 Tamas Blummer
[not found] <mailman.271337.1390426426.2210.bitcoin-development@lists.sourceforge.net>
2014-03-13 15:17 ` Tamas Blummer
2014-03-13 15:37 ` Chris Pacia
2014-03-14 16:25 Andrew Smith
[not found] <536537E2.1060200@stud.uni-saarland.de>
2014-05-03 18:46 ` Jannis Froese
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