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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] moving the default display to mbtc
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--001a1135f1b08e05fd04f48039c1
Content-Type: text/plain; charset=UTF-8

>
> Using milli- and micro- notation for currency units is also not very
> well supported. Last time this thread was active, I believe there was a
> suggestion to use 1 XBT == 1 uBTC.


Unfortunately I think some people already started using XBT to mean the
same as BTC (another ship that sailed: somehow Bhutan will have to live
with it). So if some software started to redefine it to mean something
else, that seems like a recipe for accidentally sending far too much or too
little money by mistake.

The whole area of symbols, denominations etc is a confusing mess right now,
it opens up the potential for mistakes and makes Bitcoin look
unprofessional. Part of the reason I don't want us to revisit this at the
moment is we need to grab onto any consistency we can get. People want to
think in terms of a single unit. BTC vs mBTC is already bad enough, it'd be
easy to miss the denomination and do some sums wrong. Introducing a third
unit, especially one that skips the intervening nanoBTC, seems like a way
to make mistakes even more common!

--001a1135f1b08e05fd04f48039c1
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable

<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote"><blo=
ckquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #c=
cc solid;padding-left:1ex">Using milli- and micro- notation for currency un=
its is also not very<br>

well supported. Last time this thread was active, I believe there was a<br>
suggestion to use 1 XBT =3D=3D 1 uBTC.</blockquote><div><br></div><div>Unfo=
rtunately I think some people already started using XBT to mean the same as=
 BTC (another ship that sailed: somehow Bhutan will have to live with it). =
So if some software started to redefine it to mean something else, that see=
ms like a recipe for accidentally sending far too much or too little money =
by mistake.</div>
<div><br></div><div>The whole area of symbols, denominations etc is a confu=
sing mess right now, it opens up the potential for mistakes and makes Bitco=
in look unprofessional. Part of the reason I don&#39;t want us to revisit t=
his at the moment is we need to grab onto any consistency we can get. Peopl=
e want to think in terms of a single unit. BTC vs mBTC is already bad enoug=
h, it&#39;d be easy to miss the denomination and do some sums wrong. Introd=
ucing a third unit, especially one that skips the intervening nanoBTC, seem=
s like a way to make mistakes even more common!</div>
<div><br></div></div></div></div>

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