Topic: To get mass adoption we need to sort out these decimals - page 2. (Read 1476 times)
Yeah, but what about tonal bitcoin?
I think the price of Bitcoin puts off a lot of regular people because psychologically people think in round numbers. The first experience a lay person has with Bitcoin is that they want a whole Bitcoin then they look at the price askance. Also dealing with all those decimal places is enough to do anyone's head in.
So we need to come up with distinctive coin designs for each major shift in the decimal place, namely:
Decibitcoins - 0.1
Centibitoins - 0.01
Millibitoins - 0.001
Microbitcoins - 0.000001
Satoshis - 0.00000001
A bit like Nickles, Dimes and 50 pence pieces. I propose a standard across all Bitcoin vendors platforms that they give the user the option of which decimal to operate in. So that if one chooses they can buy Bitcoin by the Millibitoin.
Nothing has to change on the backend, it's just a user interface issue. Does anyone know of project like this? Any challenges or suggestions?
Thank-you kindly.
So we need to come up with distinctive coin designs for each major shift in the decimal place, namely:
Decibitcoins - 0.1
Centibitoins - 0.01
Millibitoins - 0.001
Microbitcoins - 0.000001
Satoshis - 0.00000001
A bit like Nickles, Dimes and 50 pence pieces. I propose a standard across all Bitcoin vendors platforms that they give the user the option of which decimal to operate in. So that if one chooses they can buy Bitcoin by the Millibitoin.
Nothing has to change on the backend, it's just a user interface issue. Does anyone know of project like this? Any challenges or suggestions?
Thank-you kindly.
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