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Subject: Re: [Bitcoin-development] moving the default display to mbtc
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Second this comment.

A change like this so soon after mt gox debacle would be one more sign of bi=
tcoins 'instability' for skeptics and average folk who read only headlines.

In general, it seems some people are looking to try and change the publics m=
ental price of BTC which is more of a non-technical challenge.=20

Gavin

> On 14/03/2014, at 12:21 am, "Troy Benjegerdes" <hozer@hozed.org> wrote:
>=20
> <cynic hat: on>
>=20
> Every volatility bump messes up expectations of what a bitcoin is worth,
> so why are we bikeshedding uBTC vs mBTC? Just be done with it and do mBTC
> now, and plan uBTC for just after the next price spike to $10KUSD or whate=
ver,=20
> and then plan on rolling back to mBTC when the price crashes from altcoin
> money supply inflation competition.
>=20
>=20
>> On Thu, Mar 13, 2014 at 09:45:54AM -0400, Jeff Garzik wrote:
>> <vendor hat: on>
>>=20
>> 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.
>>=20
>> Multiple unit changes negatively impact users, but we are already there :=
/
>>=20
>>=20
>>> On Thu, Mar 13, 2014 at 9:34 AM, Wladimir <laanwj@gmail.com> wrote:
>>>=20
>>>> On Thu, Mar 13, 2014 at 1:56 PM, Jeff Garzik <jgarzik@bitpay.com> wrote=
:
>>>>=20
>>>> 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.
>>>=20
>>>=20
>>> I've kind of given up getting any consensus about this, or even getting
>>> people to care.
>>>=20
>>> Everyone agrees that a decimal shift would be good, but it's the same bo=
ring
>>> shed painting discussion every time on how many decimals. In the end not=
hing
>>> happens.
>>>=20
>>> I can't really blame Andreas for finally taking action and making the ch=
ange
>>> 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), a=
lso
>>> mBTC seems to be catching on on reddit etc.
>>>=20
>>> 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.
>>>=20
>>> Wladimir
>>=20
>>=20
>>=20
>> --=20
>> Jeff Garzik
>> Bitcoin core developer and open source evangelist
>> BitPay, Inc.      https://bitpay.com/
>>=20
>> -------------------------------------------------------------------------=
-----
>> Learn Graph Databases - Download FREE O'Reilly Book
>> "Graph Databases" is the definitive new guide to graph databases and thei=
r
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>=20
> --=20
> --------------------------------------------------------------------------=
--
> Troy Benjegerdes                 'da hozer'                  hozer@hozed.o=
rg
> 7 elements      earth::water::air::fire::mind::spirit::soul        grid.co=
op
>=20
>      Never pick a fight with someone who buys ink by the barrel,
>         nor try buy a hacker who makes money by the megahash
>=20
>=20
> --------------------------------------------------------------------------=
----
> 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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