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From: Tamas Blummer <tamas@bitsofproof.com>
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: <CAJKMfeQO6pyi5b-83FyMSHcq0Sa1QkP+RouQVBdCYPtXXboY8A@mail.gmail.com>
	<015001cf5c9a$aac3c770$004b5650$@golding@astutium.com>
To: Rob Golding <rob.golding@astutium.com>
Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] "bits": Unit of account
Precedence: list


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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 <rob.golding@astutium.com> 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


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<html><head><meta http-equiv=3D"Content-Type" content=3D"text/html =
charset=3Dwindows-1252"></head><body style=3D"word-wrap: break-word; =
-webkit-nbsp-mode: space; -webkit-line-break: after-white-space;">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.<div>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.&nbsp;</div><div><br></div><div>The importance of their =
decisions in these questions will fade as people already use wallets =
other than the core.</div><div><br></div><div>Bring this particular =
discussion elsewhere, to the wallet =
developer.&nbsp;</div><div><br></div><div>BTW the topic was discussed =
here several times, you have my support and Jeff =
Garzik=92s.</div><div><br></div><div><div><div><div =
apple-content-edited=3D"true"><span style=3D"color: rgb(0, 0, 0); =
font-family: Helvetica; font-size: 12px; font-style: normal; =
font-variant: normal; font-weight: normal; letter-spacing: normal; =
line-height: normal; text-align: -webkit-auto; text-indent: 0px; =
text-transform: none; white-space: normal; word-spacing: 0px; =
-webkit-text-stroke-width: 0px; orphans: 2; widows: 2; float: none; =
display: inline !important;">Regards,</span><br style=3D"color: rgb(0, =
0, 0); font-family: Helvetica; font-size: 12px; font-style: normal; =
font-variant: normal; font-weight: normal; letter-spacing: normal; =
line-height: normal; text-align: -webkit-auto; text-indent: 0px; =
text-transform: none; white-space: normal; word-spacing: 0px; =
-webkit-text-stroke-width: 0px; orphans: 2; widows: 2;"><br =
style=3D"color: rgb(0, 0, 0); font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant: normal; font-weight: normal; =
letter-spacing: normal; line-height: normal; text-align: -webkit-auto; =
text-indent: 0px; text-transform: none; white-space: normal; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; orphans: 2; widows: =
2;"><span style=3D"color: rgb(0, 0, 0); font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant: normal; font-weight: =
normal; letter-spacing: normal; line-height: normal; text-align: =
-webkit-auto; text-indent: 0px; text-transform: none; white-space: =
normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; orphans: 2; =
widows: 2; float: none; display: inline !important;">Tamas =
Blummer</span><br style=3D"color: rgb(0, 0, 0); font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant: normal; font-weight: =
normal; letter-spacing: normal; line-height: normal; text-align: =
-webkit-auto; text-indent: 0px; text-transform: none; white-space: =
normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; orphans: 2; =
widows: 2;"><span style=3D"color: rgb(0, 0, 0); font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant: normal; font-weight: =
normal; letter-spacing: normal; line-height: normal; orphans: auto; =
text-align: start; text-indent: 0px; text-transform: none; white-space: =
normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: =
0px;"><span style=3D"color: rgb(0, 0, 0); font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant: normal; font-weight: =
normal; letter-spacing: normal; line-height: normal; text-align: =
-webkit-auto; text-indent: 0px; text-transform: none; white-space: =
normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; orphans: 2; =
widows: 2; float: none; display: inline !important;"><a =
href=3D"http://bitsofproof.com">http://bitsofproof.com</a></span>
</span></div>
<br><div><div>On 20.04.2014, at 15:15, Rob Golding &lt;<a =
href=3D"mailto:rob.golding@astutium.com">rob.golding@astutium.com</a>&gt; =
wrote:</div><br class=3D"Apple-interchange-newline"><blockquote =
type=3D"cite"><blockquote type=3D"cite">The average person is not going =
to be confident that the prefix they<br>are using is the correct one, =
<br></blockquote><br>The use of any 'prefix' is one of choice and =
entirely unnecessary, and there<br>are already established 'divisions' =
in u/mBTC for those that feel they need<br>to use such =
things.<br><br><blockquote type=3D"cite">people WILL send 1000x more or =
less than<br>intended if we go down this road, =
<br></blockquote><br>Exceptionally unlikely - I deal every day with =
currencies with 0, 2 and 3<br>dp's in amount ranging from 'under 1 whole =
unit' to tens of thousands - Not<br>once in 20 years has anyone ever =
'sent' more or less than intended - oh,<br>they've 'intended' to =
underpay just fine, but never *unintended*.<br><br><blockquote =
type=3D"cite">I propose that users are offered a preference to =
denominate the<br>Bitcoin currency in a unit called a bit. Where one =
bitcoin (BTC)<br>equals one million bits (bits) and one bit equals 100 =
satoshis.<br></blockquote><br>I propose that for people unable to =
understand what a bitcoin is, they can<br>just use satoshi's and drop =
this entire =
proposal.<br><br>Rob<br><br><br>------------------------------------------=
------------------------------------<br>Learn Graph Databases - Download =
FREE O'Reilly Book<br>"Graph Databases" is the definitive new guide to =
graph databases and their<br>applications. Written by three acclaimed =
leaders in the field,<br>this first edition is now available. Download =
your free book today!<br><a =
href=3D"http://p.sf.net/sfu/NeoTech">http://p.sf.net/sfu/NeoTech</a><br>__=
_____________________________________________<br>Bitcoin-development =
mailing =
list<br>Bitcoin-development@lists.sourceforge.net<br>https://lists.sourcef=
orge.net/lists/listinfo/bitcoin-development<br><br></blockquote></div><br>=
</div></div></div></body></html>=

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