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From: Alan Reiner <etotheipi@gmail•com>
To: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] moving the default display to mbtc
Date: Thu, 14 Nov 2013 19:57:43 -0500	[thread overview]
Message-ID: <52857187.4060506@gmail.com> (raw)
In-Reply-To: <52856CC7.5050103@gmail.com>

I disagree.  There's a real perception and usability issue with the
current interface combined with the current price.  People are
intimidated by the current system, even though the price really reflects
Bitcoin starting to spread its wings (maybe prematurely, bubble-style,
but the price will have to get to this point eventually if Bitcoin will
thrive at the target scale). 

Bitcoin's learning curve is hard enough already.   As silly as it
sounds, feeling "insecure" because you only 0.00032 BTC, and then using
too many zeroes when paying for your smoothie are problems that can
really turn people off.  You say "Let the market sort it out". 
Sometimes the market needs direction and consistency.  Without us doing
anything, we just end up with fragmentation and confusion. 

I'd much prefer we reach a consensus on a path forward and push that
path hard.  Because there's always resistance to change, and confusion
along the way.  The easier and more consistent we can make it, the
smoother it will be.  We want to avoid:

"Hey, I'll sell it to you for 382 microbes." 
"What is a microbe?  Is that the same as a XBT?"
"I don't know, my wallet uses NBC."
"Well how much BTC is it? Okay, just send me 0.00038200 BTC"
"Four zeros after the decimal?"
"Yeah... oh wait you just sent me 10x"
...

Again it sounds silly, but this is a real usability issue.

On 11/14/2013 07:37 PM, Daniel F wrote:
>> This is a decentralized currency, and we should avoid centralizing
>> decisions.  This is something that impacts the community at large, and
>> deserves input and discussion at every level.
>>
>> I would suggest posting on all possible forums "proposal: switch to
>> uBTC, labelled as ISO prefers (XBT?)" and see what sort of discussion
>> is generated.  If the support is broad, it will be plain from the
>> responses if there is a consensus.  Perhaps everyone will agree it is
>> the best course, and we can make an easy change.
>>
>> But we need less "core dev fiat" not more :)
>>
> this seems like such a paint-the-bikeshed problem that it's sure to
> generate vast volumes of discussion, waste a lot of people's time, and
> all for only a dubious (imo) gain. (case in point - here i am
> contributing to it :) ).
>
> i agree that we should avoid centralizing this. i'll go a step further
> and note that the client already has a dropdown allowing individuals to
> choose units. merchants are free to choose to price in different units.
> exchanges are free to denominate trade in different units.
>
> i suggest we just let the market do its thing and not get into trying to
> 'make a decision' of any sort.
>
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> Bitcoin-development@lists•sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development




  parent reply	other threads:[~2013-11-15  0:57 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
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 [this message]
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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