summaryrefslogtreecommitdiff
path: root/8e/e9ee7a5d960b01c9b6fba2fdc53cd07454e4f9
blob: 47eb293d445df2936061bbaa49edbd29e6fa176a (plain)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
Received: from sog-mx-4.v43.ch3.sourceforge.com ([172.29.43.194]
	helo=mx.sourceforge.net)
	by sfs-ml-3.v29.ch3.sourceforge.com with esmtp (Exim 4.76)
	(envelope-from <rob.golding@astutium.com>) id 1WbsK6-0002dQ-As
	for bitcoin-development@lists.sourceforge.net;
	Sun, 20 Apr 2014 14:02:22 +0000
Received-SPF: pass (sog-mx-4.v43.ch3.sourceforge.com: domain of astutium.com
	designates 80.76.216.240 as permitted sender)
	client-ip=80.76.216.240; envelope-from=rob.golding@astutium.com;
	helo=web.astutium.com; 
Received: from web.astutium.com ([80.76.216.240])
	by sog-mx-4.v43.ch3.sourceforge.com with esmtps (TLSv1:AES256-SHA:256)
	(Exim 4.76) id 1WbsK5-0005iT-3a
	for bitcoin-development@lists.sourceforge.net;
	Sun, 20 Apr 2014 14:02:22 +0000
Received: from host109-151-87-16.range109-151.btcentralplus.com
	([109.151.87.16]:3083 helo=capulet)
	by web.astutium.com with esmtpa (Exim 4.82)
	(envelope-from <rob.golding@astutium.com>) id 1Wbrav-0002kg-3P
	for bitcoin-development@lists.sourceforge.net;
	Sun, 20 Apr 2014 14:15:41 +0100
From: "Rob Golding" <rob.golding@astutium.com>
To: <bitcoin-development@lists.sourceforge.net>
References: <CAJKMfeQO6pyi5b-83FyMSHcq0Sa1QkP+RouQVBdCYPtXXboY8A@mail.gmail.com>
In-Reply-To: <CAJKMfeQO6pyi5b-83FyMSHcq0Sa1QkP+RouQVBdCYPtXXboY8A@mail.gmail.com>
Date: Sun, 20 Apr 2014 14:15:57 +0100
Organization: Astutium Ltd
Message-ID: <015001cf5c9a$aac3c770$004b5650$@golding@astutium.com>
MIME-Version: 1.0
Content-Type: text/plain;
	charset="us-ascii"
Content-Transfer-Encoding: 7bit
X-Mailer: Microsoft Office Outlook 12.0
Thread-Index: Ac9clSnoiHFsZj6TT8+FEkFI/Zia7QAA/7Mw
Content-Language: en-gb
X-AntiAbuse: This header was added to track abuse,
	please include it with any abuse report
X-AntiAbuse: Primary Hostname - web.astutium.com
X-AntiAbuse: Original Domain - lists.sourceforge.net
X-AntiAbuse: Originator/Caller UID/GID - [47 12] / [47 12]
X-AntiAbuse: Sender Address Domain - astutium.com
X-Get-Message-Sender-Via: web.astutium.com: authenticated_id:
	rob.golding@astutium.com
X-Spam-Score: -1.2 (-)
X-Spam-Report: Spam Filtering performed by mx.sourceforge.net.
	See http://spamassassin.org/tag/ for more details.
	1.0 MSGID_MULTIPLE_AT Message-ID contains multiple '@' characters
	-1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for
	sender-domain
	-0.0 SPF_PASS               SPF: sender matches SPF record
	-0.7 RP_MATCHES_RCVD Envelope sender domain matches handover relay
	domain
X-Headers-End: 1WbsK5-0005iT-3a
Subject: Re: [Bitcoin-development] "bits": Unit of account
X-BeenThere: bitcoin-development@lists.sourceforge.net
X-Mailman-Version: 2.1.9
Precedence: list
List-Id: <bitcoin-development.lists.sourceforge.net>
List-Unsubscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>,
	<mailto:bitcoin-development-request@lists.sourceforge.net?subject=unsubscribe>
List-Archive: <http://sourceforge.net/mailarchive/forum.php?forum_name=bitcoin-development>
List-Post: <mailto:bitcoin-development@lists.sourceforge.net>
List-Help: <mailto:bitcoin-development-request@lists.sourceforge.net?subject=help>
List-Subscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>,
	<mailto:bitcoin-development-request@lists.sourceforge.net?subject=subscribe>
X-List-Received-Date: Sun, 20 Apr 2014 14:02:22 -0000

> The average person is not going to be confident that the prefix they
> are using is the correct one, 

The use of any 'prefix' is one of choice and entirely unnecessary, and there
are already established 'divisions' in u/mBTC for those that feel they need
to use such things.

> people WILL send 1000x more or less than
> intended if we go down this road, 

Exceptionally unlikely - I deal every day with currencies with 0, 2 and 3
dp's in amount ranging from 'under 1 whole unit' to tens of thousands - Not
once in 20 years has anyone ever 'sent' more or less than intended - oh,
they've 'intended' to underpay just fine, but never *unintended*.

> I propose that users are offered a preference to denominate the
> Bitcoin currency in a unit called a bit. Where one bitcoin (BTC)
> equals one million bits (bits) and one bit equals 100 satoshis.

I propose that for people unable to understand what a bitcoin is, they can
just use satoshi's and drop this entire proposal.

Rob