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Topic: Easy Solution to the Denomination of Bit Coins - page 2. (Read 1636 times)

sr. member
Activity: 318
Merit: 251

Ummm, how about we don't, and say we did? Smiley

legendary
Activity: 1792
Merit: 1000
I have been here for quite a while and have never got used to mBTC, μBTC etc.

Expressing prices in satoshis works better for me, but I have no problem with 0.01 BTC or 0.001 BTC etc.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
Instead of using denominations like mBTC, μBTC etc simply change the name of 1 bit coin to be 1 satoshi and let 1 satoshi be 1 bit coin. In other words if you currently own 10 bit coins they will become 10 satoshis worth 10,0000,0000 bit coins. I think this is the easiest solution.

I have a solution for all of you suggesting "the solution":

Stop suggesting solutions!
#1 there is no problem, use whatever floats your boat. Just consider if you are using bit and you have no way to change it, I will not use your service. I allready have 2 different meanings for bit in my head I dont need a 3rd.
#2 there will be an accepted term that will develop organically

My thoughts on your specific "solution":

Are you serious? This will confuse the hell out of people. Switching the meaning of terms with eachother is never a good idea.

Quote
"[...]`Oh, that was easy,' says Man, and for an encore goes on to prove that black is white and gets
himself killed on the next zebra crossing.”
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
Instead of using denominations like mBTC, μBTC etc simply change the name of 1 bit coin to be 1 satoshi and let 1 satoshi be 1 bit coin. In other words if you currently own 10 bit coins they will become 10 satoshis worth 10,0000,0000 bit coins. I think this is the easiest solution.
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