Hi guys, I've seen many many non-geeks be utterly intimidated and confused by 0.000XXXXX quantities and/or mBTC & uBTC notation Yes, $10 being rougnly 10,000 Won in South Korean is a great example where large amounts of units work very well in a major economy. FWIW, I would prefer the entire switch-over be done *once* *and *at the same time switching both BTC to XBT and using the following Currency Code *: *XBT Unit Definition *: *1 Bit = 100 Satoshis Addition benefit is splitting the term Bitcoin/bitcoin (as in Network and currency unit) into Bitcoin (network) and Bit (the unit). Perhaps this project/process should have a name and be listed on a road map somewhere *BRCS: *Bitcoin Re-denomination and [Currency] Code Standardization project Cheers ... On Fri, Nov 15, 2013 at 1:23 AM, Eugen Leitl wrote: > On Thu, Nov 14, 2013 at 05:53:16PM -0500, Alan Reiner wrote: > > I really like the XBT idea. It makes a lot of sense to match the ISO > > I really don't. Just use the SI prefixes. > > > currency symbol (though the ISO guys will have to adjust the way they've > > defined the "XBT"). And I do agree that going right to uBTC and > > skipping mBTC makes sense, too. > > The display units should be choosable by the user. > > > I'd prefer them not be called "micro bitcoins." I really want to call > > them "microbes" ... but I'm not sure that has the right flavor for money > > Why on earth? > > > transfer :) "Please give me 872 microbes". Perhaps we just call them > > "bits." Or even "micros" or "microbits". As I write this, I realize > > there's probably 872 threads on the forums about this already... > > > > But we would want to promote a consistent term, to avoid further > > confusion when people use different names for the new unit. It's not > > guaranteed to be successful, but if we pick a good name, and build it > > into the interface on the first release pushing the new unit, we have a > > chance to make the transition even easier. > > The reason SI prefixes were invented is exactly to preven that case. > > > ------------------------------------------------------------------------------ > DreamFactory - Open Source REST & JSON Services for HTML5 & Native Apps > OAuth, Users, Roles, SQL, NoSQL, BLOB Storage and External API Access > Free app hosting. Or install the open source package on any LAMP server. > Sign up and see examples for AngularJS, jQuery, Sencha Touch and Native! > http://pubads.g.doubleclick.net/gampad/clk?id=63469471&iu=/4140/ostg.clktrk > _______________________________________________ > Bitcoin-development mailing list > Bitcoin-development@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/bitcoin-development > -- Alex Kravets def redPill = ' Scala [[ brutal honesty is the best policy ]]