Topic: Who uses "bits"? - page 3. (Read 4172 times)
i personally prefer to just say 100 sats than 1 bit. it can be confusing
actually bits is little confusing, i think satoshi, µBTC, mbtc still fine and clearly.
i like it. 1mio bits = 1 btc
"µBTC" is kind of unfriendly, as your common person just has no idea what that is.
Most computer/internet users have idea what mili and micro means. At least I hope
Most that ever went to school does. At least i hope so.
"µBTC" is kind of unfriendly, as your common person just has no idea what that is.
Most computer/internet users have idea what mili and micro means. At least I hope
Also, it's an SI standard, so it would be easier to clarify.
"µBTC" is kind of unfriendly, as your common person just has no idea what that is.
Most computer/internet users have idea what mili and micro means. At least I hope
Since “Bitcoin” is the name of the currency, calling a SUBdivision “bit” is confusing as hell. “Bit” should be the abbreviation of “Bitcoin” itself, and terms such as “millibit” and “microbit” as the subdivisions.
Why not keep calling the base-unit a 'Bitcoin' or simply a 'coin' - that way the smaller denomination could be called a bit. It is a catchy name, after all!
Because you're giving the same name to two different things, and Bitcoin's name won't change since it's already established.
Since “Bitcoin” is the name of the currency, calling a SUBdivision “bit” is confusing as hell. “Bit” should be the abbreviation of “Bitcoin” itself, and terms such as “millibit” and “microbit” as the subdivisions.
Why not keep calling the base-unit a 'Bitcoin' or simply a 'coin' - that way the smaller denomination could be called a bit. It is a catchy name, after all!
Now, it is not necessary at present
it is necessaryi in the future .
it is necessaryi in the future .
Since “Bitcoin” is the name of the currency, calling a SUBdivision “bit” is confusing as hell. “Bit” should be the abbreviation of “Bitcoin” itself, and terms such as “millibit” and “microbit” as the subdivisions.
I used to be against the usage of bits, because it already is a measuring unit of information, like everyone is pointing out, but it is a catchy name and isn't that far off - Bitcoin has the term 'bit' in its name, already!
Bits are stupid.
Any complaints about breadwallet?
I think it should not be used. Its a µBTC.
I use Bits; it's easy, fast and simpel.
"µBTC" is kind of unfriendly, as your common person just has no idea what that is.
I challenge you to ask 10 "common people" what a "bit" is.
I also claim that while "µBTC" is somewhat unfriendly, if it is useful it will be softened in a natural way. People will write "uBTC" often because there is no "µ" on most keyboards. People may drop pronunciations such as "microbitcoin" or "u-bee-tee-cee" in favour of abbreviations such as "mic" or "ubit". Someone may invent a currency symbol, probably a "µ" with a bar through it, like ₥ (read: mill) which already exists and means a thousandth of a currency unit. If the unit becomes really popular prices might be typed as "240 u" or "1500 u" where the "u" is pronounced "yew" or "mics".
If "kilograms" is often abbreviated to "kilos", "millilitres" to "mills", and "gigabytes" to "gigs", then why must we plan what people are going to do about "microbitcoins"? Can't we simply let the decentralised system which is natural language do its job?
So no. While I can order a takeaway for 34 mills, paying a transaction fee of 200 mics, I have no need or want to adopt extra terms such as "bits".
Agreed.
I use the term microbitcoins (or occasionally shortened to microbits) and write it as µBTC.
I've encountered people that have shortened "bitcoins" to "bits" when talking about whole bitcoins, so it would be confusing to use the word "bits" in place of "microbitcoins" when talking about a millionth of a bitcoin.
Since I've encountered MANY people that have shortened the word "microbitcoins" to "microbits" when talking about a millionth of a bitcoin, it just adds additional confusion to use the word "bits".
"µBTC" is kind of unfriendly, as your common person just has no idea what that is.
I challenge you to ask 10 "common people" what a "bit" is.
I also claim that while "µBTC" is somewhat unfriendly, if it is useful it will be softened in a natural way. People will write "uBTC" often because there is no "µ" on most keyboards. People may drop pronunciations such as "microbitcoin" or "u-bee-tee-cee" in favour of abbreviations such as "mic" or "ubit". Someone may invent a currency symbol, probably a "µ" with a bar through it, like ₥ (read: mill) which already exists and means a thousandth of a currency unit. If the unit becomes really popular prices might be typed as "240 u" or "1500 u" where the "u" is pronounced "yew" or "mics".
If "kilograms" is often abbreviated to "kilos", "millilitres" to "mills", and "gigabytes" to "gigs", then why must we plan what people are going to do about "microbitcoins"? Can't we simply let the decentralised system which is natural language do its job?
So no. While I can order a takeaway for 34 mills, paying a transaction fee of 200 mics, I have no need or want to adopt extra terms such as "bits".
Why is there no no option?
No.
Quote
Do you use "bits" yet as your Bitcoin unit of exchange?
No.
MyCelium HD Wallet for Android
You can select BTC, mBTC, uBTC and bits
You can select BTC, mBTC, uBTC and bits
I see that people are interested in the "bits" unit; however, given that few applications and services actually use it, how many people are actually using "bits" as their default unit now?
https://bitcointalk.org/index.php?topic=592691.480
I'm interested in helping others use this unit as well, so if you know of any services that use "bits", please mention them here. "µBTC" is kind of unfriendly, as your common person just has no idea what that is.
Bitcoin Core (QT) wallet (Desktop):
Technically this uses "bits", but names them "micro bits". To change to use "bits", go to the client's Preferences section, click the "Display" tab at the top, and select "Unit to show amounts in" to µBTC.
Bread Wallet (iOS):
This wallet *only* uses bits. http://breadwallet.com
Bitcoin Wallet (Android):
Also uses bits -- but calls it the unfriendly term "µBTC".
https://play.google.com/store/apps/details?id=de.schildbach.wallet&hl=en
https://bitcointalk.org/index.php?topic=592691.480
I'm interested in helping others use this unit as well, so if you know of any services that use "bits", please mention them here. "µBTC" is kind of unfriendly, as your common person just has no idea what that is.
Bitcoin Core (QT) wallet (Desktop):
Technically this uses "bits", but names them "micro bits". To change to use "bits", go to the client's Preferences section, click the "Display" tab at the top, and select "Unit to show amounts in" to µBTC.
Bread Wallet (iOS):
This wallet *only* uses bits. http://breadwallet.com
Bitcoin Wallet (Android):
Also uses bits -- but calls it the unfriendly term "µBTC".
https://play.google.com/store/apps/details?id=de.schildbach.wallet&hl=en
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