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From: Mike Caldwell <mcaldwell@swipeclock•com>
Cc: "bitcoin-development@lists•sourceforge.net"
	<bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] "bits": Unit of account
Date: Sun, 20 Apr 2014 12:56:55 -0400	[thread overview]
Message-ID: <87BC4D35-2E10-40A0-B2FE-4C49184C0565@swipeclock.com> (raw)
In-Reply-To: <5353F63F.90307@gmail.com>

As someone who has put a lot of thought into how to best help typical everyday people understand bitcoin, I strongly favor 1 bit = 1e-6 BTC as being very straightforward to explain to non technical types, and also XBT as one "bit".  "There are a million bits in a bit coin" is highly intelligible to average people. 

I consider overload/conflict with existing meanings of "bit" as a non-issue for typical population at large. 

Mike

Sent from my iPhone

> On Apr 20, 2014, at 10:31 AM, "Alan Reiner" <etotheipi@gmail•com> wrote:
> 
> Whatever we call it. I'm happy to support it as long as it's 1e-6.



  reply	other threads:[~2014-04-20 17:13 UTC|newest]

Thread overview: 56+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-04-20 12:35 Mike Gehl
2014-04-20 13:15 ` Rob Golding
2014-04-20 14:28   ` Tamas Blummer
2014-04-20 14:52     ` Christophe Biocca
2014-04-21  8:52       ` Thomas Voegtlin
2014-04-21  9:34         ` Tamas Blummer
2014-04-22 14:55           ` Natanael
2014-04-20 14:53     ` Pieter Wuille
2014-04-20 15:05       ` Tamas Blummer
2014-04-20 15:50         ` Alan Reiner
2014-04-20 16:19           ` Chris Pacia
2014-04-20 16:27             ` Wladimir
2014-04-20 16:30               ` Chris Pacia
2014-04-22 13:51               ` Aaron Axvig
2014-04-23  9:44                 ` Danny Hamilton
2014-04-23  9:56                   ` Tamas Blummer
2014-04-23 11:48                     ` Chris D'Costa
2014-04-20 16:23           ` Erik Garrison
2014-04-20 16:30             ` Alan Reiner
2014-04-20 16:56               ` Mike Caldwell [this message]
2014-04-20 17:47                 ` Jannis Froese
2014-04-20 18:10                 ` Pavol Rusnak
2014-04-20 17:42 ` Arne Brutschy
2014-04-20 18:11   ` Mike Caldwell
2014-04-20 18:22     ` Arne Brutschy
2014-04-20 18:34       ` Mike Caldwell
2014-04-20 18:43     ` Oliver Egginger
2014-04-20 19:19       ` Christophe Biocca
2014-04-20 19:32         ` Gmail
2014-04-20 20:28         ` Mike Caldwell
2014-04-21  0:16           ` Justin A
2014-04-21  1:18             ` Mike Caldwell
2014-04-21  1:33               ` Un Ix
2014-04-21  3:34                 ` Mike Caldwell
2014-04-21  4:08                   ` Christopher Paika
2014-04-21  5:41                 ` Pieter Wuille
2014-04-21  5:51                   ` Tamas Blummer
2014-04-21  6:21                   ` Tamas Blummer
2014-04-21 12:14                     ` Un Ix
2014-04-21 12:24                       ` Tamas Blummer
2014-05-01 22:35 Aaron Voisine
2014-05-03  2:06 ` Gordon Mohr
2014-05-03  5:41   ` Aaron Voisine
2014-05-03 15:48     ` Christophe Biocca
2014-05-03 16:02       ` slush
2014-05-03 16:10         ` Tamas Blummer
2014-05-03 16:27       ` Mike Caldwell
2014-05-04  1:04         ` Chris Pacia
2014-05-04  5:18           ` Drak
2014-05-04  6:15             ` Aaron Voisine
2014-05-04  6:23               ` Un Ix
2014-05-04  6:27               ` Wladimir
2014-05-04  6:36                 ` Tamas Blummer
2014-05-04  6:59                   ` Wladimir
2014-05-04 14:42               ` Mike Caldwell
2014-05-05 22:33     ` Gordon Mohr

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