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Date: Fri, 2 May 2014 19:41:38 -0700
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From: Ben Davenport <bendavenport@gmail.com>
To: Luke Dashjr <luke@dashjr.org>
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Subject: Re: [Bitcoin-development] moving the default display to mbtc
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Luke,

My point is that you never apply the prefixes to the currency unit itself.
We don't spend kilodollars or megadollars.

Ben


On Fri, May 2, 2014 at 7:38 PM, Luke Dashjr <luke@dashjr.org> wrote:

> On Saturday, May 03, 2014 12:54:37 AM Ben Davenport wrote:
> > My only addition is that I think we should all stop trying to attach SI
> > prefixes to the currency unit. Name me another world currency that uses
> SI
> > prefixes. No one quotes amounts as 63 k$ or 3 M$. The accepted standard
> at
> > least in the US is <currency-symbol><amount><modifier>, i.e. $63k or $3M.
> > That may not be accepted form everywhere, but in any case it's an
> informal
> > format, not a formal one. The important point is there should be one base
> > unit that is not modified with SI prefixes. And I think the arguments are
> > strong for that unit being = 100 satoshi.
>
> Huh? Your examples demonstrate the *opposite* of your point. 'k' and 'M'
> *are*
> the SI prefixes. People *do* use 63k USD, $63k, and $3M. I'll be the first
> one
> to admit SI is terrible, but I don't understand your argument here.
>
> Luke
>
> P.S. Note that SI units haven't actually ever been adopted, except by
> force of
> law. "Name me ... that uses SI" is a silly thing to say, since virtually
> all
> naturally-or-freely-adopted units of any measure have been based on a
> number
> that factor to twos and threes (not fives, like decimal).
>

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<div dir=3D"ltr">Luke,<div><br></div><div>My point is that you never apply =
the prefixes to the currency unit itself. We don&#39;t spend kilodollars or=
 megadollars.</div><div><br></div><div>Ben</div></div><div class=3D"gmail_e=
xtra">
<br><br><div class=3D"gmail_quote">On Fri, May 2, 2014 at 7:38 PM, Luke Das=
hjr <span dir=3D"ltr">&lt;<a href=3D"mailto:luke@dashjr.org" target=3D"_bla=
nk">luke@dashjr.org</a>&gt;</span> wrote:<br><blockquote class=3D"gmail_quo=
te" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"=
>
<div class=3D"">On Saturday, May 03, 2014 12:54:37 AM Ben Davenport wrote:<=
br>
&gt; My only addition is that I think we should all stop trying to attach S=
I<br>
&gt; prefixes to the currency unit. Name me another world currency that use=
s SI<br>
&gt; prefixes. No one quotes amounts as 63 k$ or 3 M$. The accepted standar=
d at<br>
&gt; least in the US is &lt;currency-symbol&gt;&lt;amount&gt;&lt;modifier&g=
t;, i.e. $63k or $3M.<br>
&gt; That may not be accepted form everywhere, but in any case it&#39;s an =
informal<br>
&gt; format, not a formal one. The important point is there should be one b=
ase<br>
&gt; unit that is not modified with SI prefixes. And I think the arguments =
are<br>
&gt; strong for that unit being =3D 100 satoshi.<br>
<br>
</div>Huh? Your examples demonstrate the *opposite* of your point. &#39;k&#=
39; and &#39;M&#39; *are*<br>
the SI prefixes. People *do* use 63k USD, $63k, and $3M. I&#39;ll be the fi=
rst one<br>
to admit SI is terrible, but I don&#39;t understand your argument here.<br>
<br>
Luke<br>
<br>
P.S. Note that SI units haven&#39;t actually ever been adopted, except by f=
orce of<br>
law. &quot;Name me ... that uses SI&quot; is a silly thing to say, since vi=
rtually all<br>
naturally-or-freely-adopted units of any measure have been based on a numbe=
r<br>
that factor to twos and threes (not fives, like decimal).<br>
</blockquote></div><br></div>

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