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Topic: [VOTE] ISO Currency Code bringing Bitcoin into the mainstream financial markets (Read 8855 times)

legendary
Activity: 1400
Merit: 1005
I like this idea.

Regarding the 100 satoshis... Ok, I suppose that makes sense.  It'll be a while before we reach parity with the dollar at that level though!   Cheesy
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Any really would work, Maybe try BIT?

No good, currency code "BIT" is reserved for the African country of Burundi.
legendary
Activity: 1050
Merit: 1000
Any really would work, Maybe try BIT?
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
And inside jokes are only funny if you are on the inside. Otherwise they just sound stupid.

true. I'm sorry, I thought this meme was more widespread.


Eh, it may be and I just have never heard of it before. But I also tend to frown on stupid internet memes, so there are probably lots that I have heard of but just make me mad.
donator
Activity: 2772
Merit: 1019
And inside jokes are only funny if you are on the inside. Otherwise they just sound stupid.

true. I'm sorry, I thought this meme was more widespread.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Let's just hope they don't accidentally the internet in the process.

Huh? Did you leave out an important word in that sentence? I feel like there should be a verb in there somewhere?

notice how there's also a verb missing in the text I quoted (bolded above)?

it's a meme

“I Accidentally…” is a catchphrase, internet slang, and trolling mechanism meant to exploit the imagination of English-speaking internet users. It is used by constructing a complete sentence that begins with “I accidentally” and removing the verb, leaving readers wondering what had been there in the first place.

And inside jokes are only funny if you are on the inside. Otherwise they just sound stupid.
donator
Activity: 2772
Merit: 1019
Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Let's just hope they don't accidentally the internet in the process.

Huh? Did you leave out an important word in that sentence? I feel like there should be a verb in there somewhere?

notice how there's also a verb missing in the text I quoted (bolded above)?

it's a meme

“I Accidentally…” is a catchphrase, internet slang, and trolling mechanism meant to exploit the imagination of English-speaking internet users. It is used by constructing a complete sentence that begins with “I accidentally” and removing the verb, leaving readers wondering what had been there in the first place.
full member
Activity: 126
Merit: 100
Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Let's just hope they don't accidentally the internet in the process.

Huh? Did you leave out an important word in that sentence? I feel like there should be a verb in there somewhere?
You're only allowed to buy vowels, not whole words, silly.

I guess we could just add the ever useful stand-in verb?

"Let's just hope they don't accidentally smurf the internet in the process."
Ooooo, that wouldn't be smurfy at all.  :-/
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Let's just hope they don't accidentally the internet in the process.

Huh? Did you leave out an important word in that sentence? I feel like there should be a verb in there somewhere?
You're only allowed to buy vowels, not whole words, silly.

I guess we could just add the ever useful stand-in verb?

"Let's just hope they don't accidentally smurf the internet in the process."
full member
Activity: 126
Merit: 100
Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Let's just hope they don't accidentally the internet in the process.

Huh? Did you leave out an important word in that sentence? I feel like there should be a verb in there somewhere?
You're only allowed to buy vowels, not whole words, silly.
legendary
Activity: 1764
Merit: 1007
Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Let's just hope they don't accidentally the internet in the process.

Huh? Did you leave out an important word in that sentence? I feel like there should be a verb in there somewhere?

wha, u didn't learn how 2 internet?  Cool
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Let's just hope they don't accidentally the internet in the process.

Huh? Did you leave out an important word in that sentence? I feel like there should be a verb in there somewhere?
donator
Activity: 2772
Merit: 1019
Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Let's just hope they don't accidentally the internet in the process.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Just got this email today from www.xe.com.
When I emailed them 2 weeks ago they told me they were not considering it.
Now they have seen the news and their competitors listing Bitcoin :-)


Thanks for the info.

Given the increased interest in Bitcoin over the past couple of weeks we are considering it. Please note that even if we do list the curency, it's unlikely we'll be able to use the popular contraction BTC as there's a specific format to currency codes and this would contravene those properties.

An ISO 4217 currency code is generally built from the two digit ISO 3316 country code and a third letter for the currency. In this globally used format, BT would be the equivalent of the two letter country code. There are two problems caused by this:

a) Bitcoin is not a country
b) BT is already in use as an ISO3316 code for Bhutan

Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Thank you for your interest in our company and services.

Sincerely,


XE Currency Services Team


XE.com Inc. · 1145 Nicholson Rd · Suite 200 · Newmarket · Ontario · L3Y 9C3 · Canada
www.xe.com · +1 416 214-5606 · Fax +1 416 214-5607


That's why we should use XBT.

I suggested this back in 2011.
full member
Activity: 126
Merit: 100
I've kicked off a reddit to raise the profile of this.

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

Bitcoin now has once had a monetary base bigger than the currencies of 20 countries, and is closing in on palladium metal which has its own code: XPD
There. Fixed it for you.

We'll be back, but it may take a while.  At least now the growth might be real.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
I've kicked off a reddit to raise the profile of this.

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

Bitcoin now has a monetary base bigger than the currencies of 20 countries, and is closing in on palladium metal which has its own code: XPD

legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
XXB ? XX = unknown country or all countries, B = bitcoin. You'd have 25 other letters for the other alt-coins if they gain consideration and value.
member
Activity: 65
Merit: 10
Since the media is making bitcoin out to be the currency of the dark underworld, why don't we fully embrace that mystique and lightheartedly adopt XXX as the official code?




sr. member
Activity: 434
Merit: 250
Even if I applaud the effort to move bitcoins into the 'classical' world, I think we should stick with BTC.

Not as in 'make a deal with Bhutan', but as in: that's the de facto name, deal with it.
full member
Activity: 210
Merit: 100
Just got this email today from www.xe.com.
When I emailed them 2 weeks ago they told me they were not considering it.
Now they have seen the news and their competitors listing Bitcoin :-)


Thanks for the info.

Given the increased interest in Bitcoin over the past couple of weeks we are considering it. Please note that even if we do list the curency, it's unlikely we'll be able to use the popular contraction BTC as there's a specific format to currency codes and this would contravene those properties.

An ISO 4217 currency code is generally built from the two digit ISO 3316 country code and a third letter for the currency. In this globally used format, BT would be the equivalent of the two letter country code. There are two problems caused by this:

a) Bitcoin is not a country
b) BT is already in use as an ISO3316 code for Bhutan

Since the ISO doesn't have a 4217 code for Bitcoin, but BTC would conflict with the existing global standards, it's unlikely that we would that 'code' if we were to list Bitcoins.

Thank you for your interest in our company and services.

Sincerely,


XE Currency Services Team


XE.com Inc. · 1145 Nicholson Rd · Suite 200 · Newmarket · Ontario · L3Y 9C3 · Canada
www.xe.com · +1 416 214-5606 · Fax +1 416 214-5607


That's why we should use XBT.
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