Topic: proposal for currency symbol for 'bits' (=1/1000000 BTC) - page 3. (Read 4307 times)
I say we replace 'bits' (which is already defined here http://en.wikipedia.org/wiki/Bit as the most basic unit of computing) with 'Hals' in memory of Hal Finney.
Currencies don't always need a "symbol" for a particular denomination. Frequently a nickname is sufficient.
As examples with U.S. currency, please explain what the "symbol" is for the following denominations:
1 Lincoln (or fin)
1 Sawbuck (or Hamilton)
1 C-note (or Benjamin)
1 large (or grand, or G, or K, or stack)
"bits" is simply a popular slang nickname for micro-bitcoin in the same way that "grand" is simply a popular slang nickname for thousand dollars.
People are happy to use an extra character to indicate a larger scale of money ($5k) instead of ($5,000). I don't see any reason why it should be any different for the smaller scale of money (BTC5µ or µBTC5 or 5µBTC) instead of (BTC0.000005 or 0.000005BTC).
As examples with U.S. currency, please explain what the "symbol" is for the following denominations:
1 Lincoln (or fin)
1 Sawbuck (or Hamilton)
1 C-note (or Benjamin)
1 large (or grand, or G, or K, or stack)
"bits" is simply a popular slang nickname for micro-bitcoin in the same way that "grand" is simply a popular slang nickname for thousand dollars.
People are happy to use an extra character to indicate a larger scale of money ($5k) instead of ($5,000). I don't see any reason why it should be any different for the smaller scale of money (BTC5µ or µBTC5 or 5µBTC) instead of (BTC0.000005 or 0.000005BTC).
I like it. Do you think you could come up with a symbol for "Satoshi," the smallest possible unit of Bitcoin?
With momentum really starting to build behind using 'bits' as the primary unit for Bitcoin (as pointed out elsewhere, two decimals fits much better into legacy finance systems) I've been pondering symbols.
I was trying to tie in greek letter mu (µ) as the SI unit for a millionth, but nothing seemed to work.
Above all else, I wanted it to have an explicit relationship to the dominant Bitcoin symbol (and pursue the optimal route, of coming up with something unique rather than just cludge-repurposing some existing unicode char.
Please comment, remix, argue, encourage, discourage, as you feel appropriate below.
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