Received: from sog-mx-1.v43.ch3.sourceforge.com ([172.29.43.191] helo=mx.sourceforge.net) by sfs-ml-1.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1Wbsjt-0003uD-Tj for bitcoin-development@lists.sourceforge.net; Sun, 20 Apr 2014 14:29:01 +0000 X-ACL-Warn: Received: from wp059.webpack.hosteurope.de ([80.237.132.66]) by sog-mx-1.v43.ch3.sourceforge.com with esmtps (TLSv1:AES256-SHA:256) (Exim 4.76) id 1Wbsjq-0005vN-BH for bitcoin-development@lists.sourceforge.net; Sun, 20 Apr 2014 14:29:01 +0000 Received: from [37.143.74.116] (helo=[192.168.0.106]); authenticated by wp059.webpack.hosteurope.de running ExIM with esmtpsa (TLS1.0:RSA_AES_128_CBC_SHA1:16) id 1Wbsjj-0007cQ-Do; Sun, 20 Apr 2014 16:28:51 +0200 Content-Type: multipart/signed; boundary="Apple-Mail=_00ED48BE-58AC-4C64-98E1-8FA63572E7C5"; protocol="application/pgp-signature"; micalg=pgp-sha1 Mime-Version: 1.0 (Mac OS X Mail 7.2 \(1874\)) From: Tamas Blummer In-Reply-To: <015001cf5c9a$aac3c770$004b5650$@golding@astutium.com> Date: Sun, 20 Apr 2014 16:28:52 +0200 Message-Id: <3A69904F-0A3D-42E9-9DE7-067874E710BB@bitsofproof.com> References: <015001cf5c9a$aac3c770$004b5650$@golding@astutium.com> To: Rob Golding X-Mailer: Apple Mail (2.1874) X-bounce-key: webpack.hosteurope.de; tamas@bitsofproof.com; 1398004138; afc878c3; X-Spam-Score: 1.0 (+) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. 1.0 HTML_MESSAGE BODY: HTML included in message X-Headers-End: 1Wbsjq-0005vN-BH Cc: bitcoin-development@lists.sourceforge.net 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: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Sun, 20 Apr 2014 14:29:02 -0000 --Apple-Mail=_00ED48BE-58AC-4C64-98E1-8FA63572E7C5 Content-Type: multipart/alternative; boundary="Apple-Mail=_4F3D714B-24EF-46C2-AF8E-6E4355F25385" --Apple-Mail=_4F3D714B-24EF-46C2-AF8E-6E4355F25385 Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset=windows-1252 People on this list are mostly engineers who have no problem dealing = with magnitudes and have rather limited empathy for people who have a = problem with them. They also tend to think, that because they invented money 2.0 they would = not need to care of finance=92s or people=92s current customs.=20 The importance of their decisions in these questions will fade as people = already use wallets other than the core. Bring this particular discussion elsewhere, to the wallet developer.=20 BTW the topic was discussed here several times, you have my support and = Jeff Garzik=92s. Regards, Tamas Blummer http://bitsofproof.com On 20.04.2014, at 15:15, Rob Golding wrote: >> The average person is not going to be confident that the prefix they >> are using is the correct one,=20 >=20 > 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. >=20 >> people WILL send 1000x more or less than >> intended if we go down this road,=20 >=20 > 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*. >=20 >> 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. >=20 > I propose that for people unable to understand what a bitcoin is, they = can > just use satoshi's and drop this entire proposal. >=20 > Rob >=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/NeoTech > _______________________________________________ > Bitcoin-development mailing list > Bitcoin-development@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/bitcoin-development >=20 --Apple-Mail=_4F3D714B-24EF-46C2-AF8E-6E4355F25385 Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset=windows-1252 People = on this list are mostly engineers who have no problem dealing with = magnitudes and have rather limited empathy for people who have a problem = with them.
They also tend to think, that because they invented money = 2.0 they would not need to care of finance=92s or people=92s current = customs. 

The importance of their = decisions in these questions will fade as people already use wallets = other than the core.

Bring this particular = discussion elsewhere, to the wallet = developer. 

BTW the topic was discussed = here several times, you have my support and Jeff = Garzik=92s.

Regards,

Tamas = Blummer
http://bitsofproof.com

On 20.04.2014, at 15:15, Rob Golding <rob.golding@astutium.com> = wrote:

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


------------------------------------------= ------------------------------------
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/NeoTech
__= _____________________________________________
Bitcoin-development = mailing = list
Bitcoin-development@lists.sourceforge.net
https://lists.sourcef= orge.net/lists/listinfo/bitcoin-development


=
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