From: Jeff Garzik <jgarzik@bitpay•com>
To: Alan Reiner <etotheipi@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] moving the default display to mbtc
Date: Thu, 13 Mar 2014 12:29:03 -0400 [thread overview]
Message-ID: <CAJHLa0MrLGDVO7LFpUSb+LCxNjKebQQ7UHSwyWPYwzWw5WcbAw@mail.gmail.com> (raw)
In-Reply-To: <5321D95C.2070402@gmail.com>
On Thu, Mar 13, 2014 at 12:14 PM, Alan Reiner <etotheipi@gmail•com> wrote:
> Of course, as Mike said, this ship may have already sailed, but if
> there's any way to revisit this, I'm there. We're just about to do
> another Armory release and could support this very easily.
mBTC now just means the issue -will- be revisited in the future. Just
a question of when, not if.
People and software in various nations handle big numbers for small
values (e.g. Yen) just fine.
People and software do -not- handle extra decimal places well, field
experience shows.
<vendor hat: on> To roll out QuickBooks support --without converting
any numbers, a key financial attribute-- mBTC is simply insufficient
today, not in the future.
I also argue that it is a security risk, as follows: To support
accounting packages limited to 2 decimal places, decimal point
conversion must be performed. This produces a situation where your
accounting system shows numbers that do not visually match the numbers
in the bitcoin software. That, in turn, making auditing more
difficult, particularly for outsiders.
Shipping with mBTC defaults was decidedly unwise, considering that --
like BTC -- it fails to solve existing, known problems that uBTC can
solve, and considering the inevitable mBTC->uBTC switch.
--
Jeff Garzik
Bitcoin core developer and open source evangelist
BitPay, Inc. https://bitpay.com/
next prev parent reply other threads:[~2014-03-13 16:29 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 [this message]
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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