Received: from sog-mx-2.v43.ch3.sourceforge.com ([172.29.43.192] helo=mx.sourceforge.net) by sfs-ml-2.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1VhFql-0000Qn-9G for bitcoin-development@lists.sourceforge.net; Fri, 15 Nov 2013 09:38:03 +0000 Received-SPF: pass (sog-mx-2.v43.ch3.sourceforge.com: domain of gmail.com designates 209.85.160.49 as permitted sender) client-ip=209.85.160.49; envelope-from=kravets@gmail.com; helo=mail-pb0-f49.google.com; Received: from mail-pb0-f49.google.com ([209.85.160.49]) by sog-mx-2.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1VhFqk-0002Qt-2H for bitcoin-development@lists.sourceforge.net; Fri, 15 Nov 2013 09:38:03 +0000 Received: by mail-pb0-f49.google.com with SMTP id um1so3325113pbc.36 for ; Fri, 15 Nov 2013 01:37:56 -0800 (PST) MIME-Version: 1.0 X-Received: by 10.66.190.101 with SMTP id gp5mr6045603pac.23.1384508276201; Fri, 15 Nov 2013 01:37:56 -0800 (PST) Received: by 10.66.76.98 with HTTP; Fri, 15 Nov 2013 01:37:56 -0800 (PST) In-Reply-To: <20131115092338.GN5661@leitl.org> References: <52852C2D.9020103@gmail.com> <52853D8A.6010501@monetize.io> <52854F59.9000500@monetize.io> <5285545C.4030607@gmail.com> <20131115092338.GN5661@leitl.org> Date: Fri, 15 Nov 2013 01:37:56 -0800 Message-ID: From: Alex Kravets To: bitcoin-development@lists.sourceforge.net Content-Type: multipart/alternative; boundary=047d7bf16084fde42b04eb33f308 X-Spam-Score: -0.6 (/) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#dnsbl-block for more information. [URIs: linkedin.com] -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain 0.0 FREEMAIL_FROM Sender email is commonly abused enduser mail provider (kravets[at]gmail.com) -0.0 SPF_PASS SPF: sender matches SPF record 1.0 HTML_MESSAGE BODY: HTML included in message -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature X-Headers-End: 1VhFqk-0002Qt-2H Subject: Re: [Bitcoin-development] moving the default display to mbtc X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Fri, 15 Nov 2013 09:38:03 -0000 --047d7bf16084fde42b04eb33f308 Content-Type: text/plain; charset=UTF-8 Hi guys, I've seen many many non-geeks be utterly intimidated and confused by 0.000XXXXX quantities and/or mBTC & uBTC notation Yes, $10 being rougnly 10,000 Won in South Korean is a great example where large amounts of units work very well in a major economy. FWIW, I would prefer the entire switch-over be done *once* *and *at the same time switching both BTC to XBT and using the following Currency Code *: *XBT Unit Definition *: *1 Bit = 100 Satoshis Addition benefit is splitting the term Bitcoin/bitcoin (as in Network and currency unit) into Bitcoin (network) and Bit (the unit). Perhaps this project/process should have a name and be listed on a road map somewhere *BRCS: *Bitcoin Re-denomination and [Currency] Code Standardization project Cheers ... On Fri, Nov 15, 2013 at 1:23 AM, Eugen Leitl wrote: > On Thu, Nov 14, 2013 at 05:53:16PM -0500, Alan Reiner wrote: > > I really like the XBT idea. It makes a lot of sense to match the ISO > > I really don't. Just use the SI prefixes. > > > currency symbol (though the ISO guys will have to adjust the way they've > > defined the "XBT"). And I do agree that going right to uBTC and > > skipping mBTC makes sense, too. > > The display units should be choosable by the user. > > > I'd prefer them not be called "micro bitcoins." I really want to call > > them "microbes" ... but I'm not sure that has the right flavor for money > > Why on earth? > > > transfer :) "Please give me 872 microbes". Perhaps we just call them > > "bits." Or even "micros" or "microbits". As I write this, I realize > > there's probably 872 threads on the forums about this already... > > > > But we would want to promote a consistent term, to avoid further > > confusion when people use different names for the new unit. It's not > > guaranteed to be successful, but if we pick a good name, and build it > > into the interface on the first release pushing the new unit, we have a > > chance to make the transition even easier. > > The reason SI prefixes were invented is exactly to preven that case. > > > ------------------------------------------------------------------------------ > DreamFactory - Open Source REST & JSON Services for HTML5 & Native Apps > OAuth, Users, Roles, SQL, NoSQL, BLOB Storage and External API Access > Free app hosting. Or install the open source package on any LAMP server. > Sign up and see examples for AngularJS, jQuery, Sencha Touch and Native! > http://pubads.g.doubleclick.net/gampad/clk?id=63469471&iu=/4140/ostg.clktrk > _______________________________________________ > Bitcoin-development mailing list > Bitcoin-development@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/bitcoin-development > -- Alex Kravets def redPill = ' Scala [[ brutal honesty is the best policy ]] --047d7bf16084fde42b04eb33f308 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable
Hi guys,

I've seen many many non-ge= eks be utterly intimidated and confused by 0.000XXXXX quantities and/or mBT= C & uBTC notation


Yes, $10 bein= g rougnly 10,000 Won in South Korean is a great example where large amounts= of units work very well in a major economy.


FWIW, =C2=A0I would prefer the entire sw= itch-over be done once and at the same time=C2=A0switching bo= th BTC to XBT and using the following


Currency Code=C2=A0:=C2=A0XBT
Unit Definition =C2=A0: <= /b>1 Bit =3D 100 Satoshis

Addition benefit is spli= tting the term Bitcoin/bitcoin (as in Network and currency unit) into Bitco= in (network) and Bit (the unit).


Perhaps this project/process shoul= d have a name and be listed on a road map somewhere

BRCS: Bitcoin Re-denomination and [Currency] Code Standardi= zation project


Cheers ...

=



On Fri, Nov 15, 2013 at 1:23 AM, Eugen Leitl <eugen@leitl.= org> wrote:
On Thu, Nov 14, 2013 at 05= :53:16PM -0500, Alan Reiner wrote:
> I really like the XBT idea. =C2=A0It makes a lot of sense to match the= ISO

I really don't. Just use the SI prefixes.

> currency symbol (though the ISO guys will have to adjust the way they&= #39;ve
> defined the "XBT"). =C2=A0And I do agree that going right to= uBTC and
> skipping mBTC makes sense, too.

The display units should be choosable by the user.

> I'd prefer them not be called "micro bitcoins." =C2=A0I = really want to call
> them "microbes" ... but I'm not sure that has the right = flavor for money

Why on earth?

> transfer :) =C2=A0"Please give me 872 microbes". =C2=A0Perha= ps we just call them
> "bits." =C2=A0Or even "micros" or "microbits&= quot;. =C2=A0As I write this, I realize
> there's probably 872 threads on the forums about this already... >
> But we would want to promote a consistent term, to avoid further
> confusion when people use different names for the new unit. =C2=A0It&#= 39;s not
> guaranteed to be successful, but if we pick a good name, and build it<= br> > into the interface on the first release pushing the new unit, we have = a
> chance to make the transition even easier.

The reason SI prefixes were invented is exactly to preven that case.<= br>

---------------------------------------------------------------------------= ---
DreamFactory - Open Source REST & JSON Services for HTML5 & Native = Apps
OAuth, Users, Roles, SQL, NoSQL, BLOB Storage and External API Access
Free app hosting. Or install the open source package on any LAMP server. Sign up and see examples for AngularJS, jQuery, Sencha Touch and Native! http://pubads.g.doubleclick.net/gam= pad/clk?id=3D63469471&iu=3D/4140/ostg.clktrk
_______________________________________________
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https://lists.sourceforge.net/lists/listinfo/bitcoin-de= velopment



--
= Alex Krav= ets=C2=A0 =C2=A0 =C2=A0=C2=A0 def re= dPill =3D 'Scala
[[ brutal honesty is = the best policy ]]
--047d7bf16084fde42b04eb33f308--