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Topic: Implementing a smaller denomination - page 2. (Read 1277 times)

hero member
Activity: 686
Merit: 500
May 07, 2014, 08:59:17 AM
#1
Much discussion has been had regarding making the 100 satoshi the norm of bitcoin. Discussion about what to call it - mikes, bits, ubits, zits, your mom, whatever.

But reality is that it should be implemented on a level that people purchasing bitcoins with fiat would purchase in the 100 satoshi denomination. That way, (for example) instead of having to spend $440 for one bitcoin they could presume they are buying one entity for under a penny each.
That would drive the price of bitcoin up significantly, in my opinion.

How could that be implemented?
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