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Cc: Bitcoin Development <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] moving the default display to mbtc
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I fully support this (it's what I suggested over a year ago), but what it
comes down to is BitPay, Coinbase, Blockchain and Bitstamp getting
together, agreeing what they're going to use, and doing a little joint
customer education campaign around it. If there's community momentum around
"bits", great.
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 $3M.
That may not be accepted form everywhere, but in any case it's an informal
format, not a formal one. The important point is there should be one base
unit that is not modified with SI prefixes. And I think the arguments are
strong for that unit being = 100 satoshi.
Ben
On Fri, May 2, 2014 at 12:17 PM, Jeff Garzik <jgarzik@bitpay.com> wrote:
> <vendor hat: on>
>
> Related:
> http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html
>
> --
> Jeff Garzik
> Bitcoin core developer and open source evangelist
> BitPay, Inc. https://bitpay.com/
>
>
> ------------------------------------------------------------------------------
> "Accelerate Dev Cycles with Automated Cross-Browser Testing - For FREE
> Instantly run your Selenium tests across 300+ browser/OS combos. Get
> unparalleled scalability from the best Selenium testing platform available.
> Simple to use. Nothing to install. Get started now for free."
> http://p.sf.net/sfu/SauceLabs
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development@lists.sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>
--047d7b343ddab01e3904f87457b7
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable
<div dir=3D"ltr">I fully support this (it's what I suggested over a yea=
r ago), but what it comes down to is BitPay, Coinbase, Blockchain and Bitst=
amp getting together, agreeing what they're going to use, and doing a l=
ittle joint customer education campaign around it. If there's community=
momentum around "bits", great.<div>
<br></div><div>My only addition is that I think we should all stop trying t=
o attach SI prefixes to the currency unit. Name me another world currency t=
hat uses SI prefixes. No one quotes amounts as 63 k$ or 3 M$. The accepted =
standard at least in the US is <currency-symbol><amount><mod=
ifier>, 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 po=
int 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 =3D 100 satoshi.<=
/div>
<div><br></div><div>Ben<br><div><br></div><div><br></div></div></div><div c=
lass=3D"gmail_extra"><br><br><div class=3D"gmail_quote">On Fri, May 2, 2014=
at 12:17 PM, Jeff Garzik <span dir=3D"ltr"><<a href=3D"mailto:jgarzik@b=
itpay.com" target=3D"_blank">jgarzik@bitpay.com</a>></span> wrote:<br>
<blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1p=
x #ccc solid;padding-left:1ex"><vendor hat: on><br>
<br>
Related: <a href=3D"http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-wh=
ere-to-put-that-decimal-point.html" target=3D"_blank">http://blog.bitpay.co=
m/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html</a><br=
>
<div class=3D""><br>
--<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>
</div>"Accelerate Dev Cycles with Automated Cross-Browser Testing - Fo=
r FREE<br>
Instantly run your Selenium tests across 300+ browser/OS combos. =C2=A0Get<=
br>
unparalleled scalability from the best Selenium testing platform available.=
<br>
Simple to use. Nothing to install. Get started now for free."<br>
<a href=3D"http://p.sf.net/sfu/SauceLabs" target=3D"_blank">http://p.sf.net=
/sfu/SauceLabs</a><br>
<div class=3D"HOEnZb"><div class=3D"h5">___________________________________=
____________<br>
Bitcoin-development mailing list<br>
<a href=3D"mailto:Bitcoin-development@lists.sourceforge.net">Bitcoin-develo=
pment@lists.sourceforge.net</a><br>
<a href=3D"https://lists.sourceforge.net/lists/listinfo/bitcoin-development=
" target=3D"_blank">https://lists.sourceforge.net/lists/listinfo/bitcoin-de=
velopment</a><br>
</div></div></blockquote></div><br></div>
--047d7b343ddab01e3904f87457b7--
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