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Subject: Re: [Bitcoin-development] moving the default display to mbtc
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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 about it. Getting from $1 to $1000 was amazing, but it was possible
through huge media coverage. Getting from $1000 to $1,000,000 would take
massive adoption of the kind Bitcoin isn't ready for yet.



On Thu, Mar 13, 2014 at 2:45 PM, Jeff Garzik <jgarzik@bitpay.com> wrote:

> <vendor hat: on>
>
> Based on this seeming consensus, BitPay was headed towards uBTC
> internally, and hoped to coordinate messaging and rollout with others
> in the community.  Ah well, proceed apace, and Bitcoin Wallet will
> catch up, I suppose.
>
> Multiple unit changes negatively impact users, but we are already there :/
>
>
> On Thu, Mar 13, 2014 at 9:34 AM, Wladimir <laanwj@gmail.com> wrote:
> >
> > On Thu, Mar 13, 2014 at 1:56 PM, Jeff Garzik <jgarzik@bitpay.com> wrote:
> >>
> >> Resurrecting this topic.  Bitcoin Wallet moved to mBTC several weeks
> >> ago, which was disappointing -- it sounded like the consensus was
> >> uBTC, and moving to uBTC later --which will happen-- may result in
> >> additional user confusion, thanks to yet another decimal place
> >> transition.
> >
> >
> > I've kind of given up getting any consensus about this, or even getting
> > people to care.
> >
> > Everyone agrees that a decimal shift would be good, but it's the same
> boring
> > shed painting discussion every time on how many decimals. In the end
> nothing
> > happens.
> >
> > I can't really blame Andreas for finally taking action and making the
> change
> > to mBTC. People in the community are familiar with mBTC because some
> > exchanges and price sites used mBTC (at least for a while when >$1000),
> also
> > mBTC seems to be catching on on reddit etc.
> >
> > Moving to muBTC (which in itself would be better because it is the final
> > unit change ever needed without hardfork) would require more coordinated
> > education effort.
> >
> > Wladimir
>
>
>
> --
> Jeff Garzik
> Bitcoin core developer and open source evangelist
> BitPay, Inc.      https://bitpay.com/
>
>
> ------------------------------------------------------------------------------
> Learn Graph Databases - Download FREE O'Reilly Book
> "Graph Databases" is the definitive new guide to graph databases and their
> applications. Written by three acclaimed leaders in the field,
> this first edition is now available. Download your free book today!
> http://p.sf.net/sfu/13534_NeoTech
> _______________________________________________
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> Bitcoin-development@lists.sourceforge.net
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--047d7b33d67c360fb004f47d47ed
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<div dir=3D"ltr">BitPay should use mBTC as well. Unless you can point to an=
y major wallets, exchanges or price watching sites that use uBTC by default=
?<div><br></div><div>I think it is highly optimistic to assume we&#39;ll ne=
ed another 1000x shift any time soon. By now Bitcoin isn&#39;t obscure anym=
ore. Lots of people have heard about it. Getting from $1 to $1000 was amazi=
ng, but it was possible through huge media coverage. Getting from $1000 to =
$1,000,000 would take massive adoption of the kind Bitcoin isn&#39;t ready =
for yet.</div>
<div><br></div></div><div class=3D"gmail_extra"><br><br><div class=3D"gmail=
_quote">On Thu, Mar 13, 2014 at 2:45 PM, Jeff Garzik <span dir=3D"ltr">&lt;=
<a href=3D"mailto:jgarzik@bitpay.com" target=3D"_blank">jgarzik@bitpay.com<=
/a>&gt;</span> wrote:<br>
<blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1p=
x #ccc solid;padding-left:1ex">&lt;vendor hat: on&gt;<br>
<br>
Based on this seeming consensus, BitPay was headed towards uBTC<br>
internally, and hoped to coordinate messaging and rollout with others<br>
in the community. =C2=A0Ah well, proceed apace, and Bitcoin Wallet will<br>
catch up, I suppose.<br>
<br>
Multiple unit changes negatively impact users, but we are already there :/<=
br>
<div class=3D"HOEnZb"><div class=3D"h5"><br>
<br>
On Thu, Mar 13, 2014 at 9:34 AM, Wladimir &lt;<a href=3D"mailto:laanwj@gmai=
l.com">laanwj@gmail.com</a>&gt; wrote:<br>
&gt;<br>
&gt; On Thu, Mar 13, 2014 at 1:56 PM, Jeff Garzik &lt;<a href=3D"mailto:jga=
rzik@bitpay.com">jgarzik@bitpay.com</a>&gt; wrote:<br>
&gt;&gt;<br>
&gt;&gt; Resurrecting this topic. =C2=A0Bitcoin Wallet moved to mBTC severa=
l weeks<br>
&gt;&gt; ago, which was disappointing -- it sounded like the consensus was<=
br>
&gt;&gt; uBTC, and moving to uBTC later --which will happen-- may result in=
<br>
&gt;&gt; additional user confusion, thanks to yet another decimal place<br>
&gt;&gt; transition.<br>
&gt;<br>
&gt;<br>
&gt; I&#39;ve kind of given up getting any consensus about this, or even ge=
tting<br>
&gt; people to care.<br>
&gt;<br>
&gt; Everyone agrees that a decimal shift would be good, but it&#39;s the s=
ame boring<br>
&gt; shed painting discussion every time on how many decimals. In the end n=
othing<br>
&gt; happens.<br>
&gt;<br>
&gt; I can&#39;t really blame Andreas for finally taking action and making =
the change<br>
&gt; to mBTC. People in the community are familiar with mBTC because some<b=
r>
&gt; exchanges and price sites used mBTC (at least for a while when &gt;$10=
00), also<br>
&gt; mBTC seems to be catching on on reddit etc.<br>
&gt;<br>
&gt; Moving to muBTC (which in itself would be better because it is the fin=
al<br>
&gt; unit change ever needed without hardfork) would require more coordinat=
ed<br>
&gt; education effort.<br>
&gt;<br>
&gt; Wladimir<br>
<br>
<br>
<br>
</div></div><div class=3D"HOEnZb"><div class=3D"h5">--<br>
Jeff Garzik<br>
Bitcoin core developer and open source evangelist<br>
BitPay, Inc. =C2=A0 =C2=A0 =C2=A0<a href=3D"https://bitpay.com/" target=3D"=
_blank">https://bitpay.com/</a><br>
<br>
---------------------------------------------------------------------------=
---<br>
Learn Graph Databases - Download FREE O&#39;Reilly Book<br>
&quot;Graph Databases&quot; is the definitive new guide to graph databases =
and their<br>
applications. Written by three acclaimed leaders in the field,<br>
this first edition is now available. Download your free book today!<br>
<a href=3D"http://p.sf.net/sfu/13534_NeoTech" target=3D"_blank">http://p.sf=
.net/sfu/13534_NeoTech</a><br>
_______________________________________________<br>
Bitcoin-development mailing list<br>
<a href=3D"mailto:Bitcoin-development@lists.sourceforge.net">Bitcoin-develo=
pment@lists.sourceforge.net</a><br>
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" target=3D"_blank">https://lists.sourceforge.net/lists/listinfo/bitcoin-de=
velopment</a><br>
</div></div></blockquote></div><br></div>

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