An alternative to "training" users to understand SI prefixes could be to make 100 satoshi = 1 mu, spelling out the Greek letter. Although the Units page on the wiki has been brought up to argue against naming 10,000 satoshi = 1 finney, I would like to support this designation. It seems to be gaining some popular support on Twitter & podcasts. So at $10,000 BTC/USD, 1 finney = $1.00. The smallest unit of value would be 0.0001 finney = 1 satoshi. Finney has a natural abbreviation as fin, and 100 mu = 1 finney. The Units page also refers to "bitcent" as 0.01 BTC, but if a "bit" is 100 satoshi, then what is a "bitcent" in that context? /bikeshed @Natanael you're exactly right. There are already multiple uses of "bits" within bitcoin itself. @Sjors I don't think a redefinition of 'satoshi' is going to happen ;-) -Clark On Thu, Dec 14, 2017 at 4:01 PM, Natanael via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > > Reposting /u/BashCo's post on reddit here, for visibility: > > ---8<--------------------------------------------------------------- > > > Before anyone says 'bits' are too confusing because it's a computer > science term, here's a list of homonyms [https://en.wikipedia.org/wiki > /List_of_true_homonyms] that you use every day. Homonyms are fine because > our brains are able to interpret language based on context, so it's a > non-argument. > > > This ignores the fact that there exists multiple meanings of bits *within > the same context*, and that beginners likely can't tell them apart. > > Feel free to try it yourself - talk about Bitcoin "bits" of a particular > value with somebody who doesn't understand Bitcoin. Then explain that the > cryptography uses 256 bit keys. I would be surprised if you could find > somebody who would not be confused by that. > > Let's say a website says a song is 24 bits. Was that 24 bit audio > resolution or 24 bit price? Somebody writes about 256 bit keys, are that > their size or value? > > You guys here can probably tell the difference. Can everybody...? Bits > will cause confusion, because plenty of people will not be able to tell > these apart. They will not know WHEN to apply one definition or the other. > > https://www.reddit.com/r/bitcoin/comments/24m3nb/_/ch8gua7 > > > > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev > >