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From: Jeff Garzik <jgarzik@bitpay•com>
To: Mike Hearn <mike@plan99•net>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>,
	Wendell <w@grabhive•com>
Subject: Re: [Bitcoin-development] moving the default display to mbtc
Date: Thu, 13 Mar 2014 10:32:06 -0400	[thread overview]
Message-ID: <CAJHLa0PB-V+KgEr5uCj+mceESggp8G4MmLGHHpz2UD_R_w-zfQ@mail.gmail.com> (raw)
In-Reply-To: <CANEZrP2O4hDBiCNvO1oV5X7OtnQ4xVDD=RtozQY8ESRHgXQu9w@mail.gmail.com>

On Thu, Mar 13, 2014 at 9:53 AM, Mike Hearn <mike@plan99•net> wrote:
> BitPay should use mBTC as well. Unless you can point to any major wallets,
> exchanges or price watching sites that use uBTC by default?
>
> I think it is highly optimistic to assume we'll need another 1000x shift any
> time soon. By now Bitcoin isn't obscure anymore. Lots of people have heard

Such hand-wavy, data-free logic is precisely why community
coordination is preferred to random apps making random decisions in
this manner.

mBTC is problematic because you do not need 1000x shift in value to
produce annoyances for major accounting packages that are hard-limited
to two decimal places.  Further, spreadsheets hide information if
formatting is configured naively -- that is, if formatting is
configured for bitcoin the way it is configured for other currencies.

Fundamentally, more than two decimal places tends to violate the
Principle Of Least Astonishment with many humans, and as a result,
popular software systems have been written with that assumption.

-- 
Jeff Garzik
Bitcoin core developer and open source evangelist
BitPay, Inc.      https://bitpay.com/



  reply	other threads:[~2014-03-13 14:32 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 [this message]
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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