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Topic: BTC - XBT / mBTC - Choosing a better trade unit - page 2. (Read 4149 times)

sr. member
Activity: 405
Merit: 255
@_vjy
Communicated to bitcoinfoundation.org members. Cool

peter, jon, mark, gavin, charlie, patric and lindsay.

Hope I am not spamming.
sr. member
Activity: 405
Merit: 255
@_vjy
Communicated to btcedproject.org Cool

Charles and Brian.

sr. member
Activity: 405
Merit: 255
@_vjy
sr. member
Activity: 405
Merit: 255
@_vjy
voted up reddit post,

http://www.reddit.com/r/Bitcoin/comments/1c4c0f/bitcoin_needs_your_help_to_get_the_iso_code_xbt/

created a new post, with change.org link,

http://www.reddit.com/r/Bitcoin/comments/1fp6yy/xbt_iso_standard_currency_code_adoption_please/

(this is not the same as communicating to reddit payments team, so this one is pending.)

sr. member
Activity: 405
Merit: 255
@_vjy
Communicated to thepiratebay.se/contact Cool

---

Hi, Thanks for accepting bitcoin payments for, thepiratebay.

Bitcoin forum (bitcointalk.org) is pushing for standard ISO currency code, XBT adoption. Hope thepiratebay starts using new currency code XBT, along with current unit of bitcoin currency BTC.

New unit will be like, 1 BTC = 1 million XBT.

change.org petition is here, http://www.change.org/en-GB/petitions/six-interbank-clearing-include-a-symbol-for-bitcoin-in-iso-4217

Many Thanks.
sr. member
Activity: 405
Merit: 255
@_vjy
communicated to wordpress.org / Matt. Cool

may be Matt wouldn't have time to read my messages.

still, it is just a try.


--

Hi Matt, Thanks for accepting bitcoin payments for wordpress.

Bitcoin forum (bitcointalk.org) is pushing for standard ISO currency code, XBT adoption. Hope wordpress starts using new currency code XBT, along with current unit of bitcoin currency BTC.

New unit will be like, 1 BTC = 1 million XBT.

change.org petition is here, http://www.change.org/en-GB/petitions/six-interbank-clearing-include-a-symbol-for-bitcoin-in-iso-4217

Many Thanks.
sr. member
Activity: 405
Merit: 255
@_vjy
sr. member
Activity: 405
Merit: 255
@_vjy
Communicated to FYB-SG (singapore) exchange. @nagato. Cool
sr. member
Activity: 405
Merit: 255
@_vjy
Communicated to BTXTrader thread, and corresponding team.  Cool

https://bitcointalk.org/index.php?topic=208102.new#new

[email protected]
hero member
Activity: 836
Merit: 1030
bits of proof
sr. member
Activity: 405
Merit: 255
@_vjy
sr. member
Activity: 405
Merit: 255
@_vjy
i changed my game to reflect changes so you can see the difference btctreasure.com to me XBT notation is much better

+1 thats how it gets traction.
All my example programs use XBT.

Great. I'll try to push it to wallets..
hero member
Activity: 836
Merit: 1030
bits of proof
i changed my game to reflect changes so you can see the difference btctreasure.com to me XBT notation is much better

+1 thats how it gets traction.
All my example programs use XBT.
hero member
Activity: 546
Merit: 501
i think 1XBT=100satoshi is better for few reasons
- it looks better, for example 0.0375 btc = 3,750,000 XBT or 37,500 XBT (1 XBT  = 1 or 100 satoshi) and this is worth around $4.5
- 1 satoshi already has name, so its logical to add new name to new entity, 100 satoshi in this case

i changed my game to reflect changes so you can see the difference btctreasure.com to me XBT notation is much better
sr. member
Activity: 405
Merit: 255
@_vjy
And, to Bitcoin wallets, clients and other services..
sr. member
Activity: 405
Merit: 255
@_vjy
May be this XBT usage can be pushed to exchanges easily..

Btc foundation org is not so active.

Sometimes I wonder what they actually do.  Angry
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
May be, XBT can be pushed down to 1 satoshi.

There are currency codes with no minor units like, cents, etc.

http://www.currency-iso.org/dam/downloads/dl_iso_table_a1.xls

I think this is so important to Bitcoin ecosystem. What's happening? Could somebody please update. Angry

1 XBT = 100 satoshi is definitely the answer to get Bitcoin supportable by any financial system. It also leaves BTC as the main code. 1 BTC = 1 million XBT.

Indeed, it is important, but the standards people have rejected an application in 2012 with the following:

"1. The currency code is not linked to any country code.
2. The currency code is considered a 'private currency' and not used for
tender in any country.
3. There will be no international payments denominated in Bitcoin
therefore an ISO currency code for the Bitcoin is not applicable.
4. The Institution responsible for the Bitcoin does not appear to be
recognized internationally or have any official status. Neither Reuters
or Bloomberg provides market data related to its use. "

https://bitcointalksearch.org/topic/m.1327579

It was necessary to address each point with a constructive rebuttal. This was done, but no reply came back.
A petition has also been running. http://www.change.org/petitions/six-interbank-clearing-include-a-symbol-for-bitcoin-in-iso-4217
sr. member
Activity: 405
Merit: 255
@_vjy
There's already been a change.org petition,

http://www.change.org/petitions/six-interbank-clearing-include-a-symbol-for-bitcoin-in-iso-4217

I'm not sure this would help, yet I signed it.

Anyone believing in, please proceed and sign.
hero member
Activity: 546
Merit: 501
all i have to say we should find a solution that will solve this problem once for all and the sooner the better.
sr. member
Activity: 405
Merit: 255
@_vjy
May be, XBT can be pushed down to 1 satoshi.

There are currency codes with no minor units like, cents, etc.

http://www.currency-iso.org/dam/downloads/dl_iso_table_a1.xls

I think this is so important to Bitcoin ecosystem. What's happening? Could somebody please update. Angry
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