📅 Original date posted:2013-11-15
📝 Original message:On Fri, Nov 15, 2013 at 01:37:56AM -0800, Alex Kravets wrote:
> Hi guys,
Alex, you're top-posting and not trimming your replies.
> I've seen many many non-geeks be utterly intimidated and confused by
> 0.000XXXXX quantities and/or mBTC & uBTC notation
Yes, people really can't tell any difference between
mm, cm, m, dm and km. Not.
>
> Yes, $10 being rougnly 10,000 Won in South Korean is a great example where
> large amounts of units work very well in a major economy.
You're trying to invent a new symbol for the same unit, instead
of using an established, generic system of prefixes.
That's pretty insane.
>
> FWIW, I would prefer the entire switch-over be done *once* *and *at the
> same time switching both BTC to XBT and using the following
I would prefer that nobody does any such silly thing.
>
> Currency Code *: *XBT
> Unit Definition *: *1 Bit = 100 Satoshis
>
> Addition benefit is splitting the term Bitcoin/bitcoin (as in Network and
> currency unit) into Bitcoin (network) and Bit (the unit).
Bitcoin is not measured in bits. Bits are units of information, and
are measured in bits, kbits, Mbits, Gbits, Tbits, Pbits etc.
http://en.wikipedia.org/wiki/Bit_rate
>
> Perhaps this project/process should have a name and be listed on a road map
> somewhere
What would a sane person think if he saw that on the roadmap, you think?
> *BRCS: *Bitcoin Re-denomination and [Currency] Code Standardization project
Ever heard of SI unit prefixes?
http://en.wikipedia.org/wiki/Metric_prefix
>
> Cheers ...
>
>
>
>
>
> On Fri, Nov 15, 2013 at 1:23 AM, Eugen Leitl <eugen at leitl.org> wrote:
>
> > On Thu, Nov 14, 2013 at 05:53:16PM -0500, Alan Reiner wrote:
> > > I really like the XBT idea. It makes a lot of sense to match the ISO
> >
> > I really don't. Just use the SI prefixes.
> >
> > > currency symbol (though the ISO guys will have to adjust the way they've
> > > defined the "XBT"). And I do agree that going right to uBTC and
> > > skipping mBTC makes sense, too.
> >
> > The display units should be choosable by the user.
> >
> > > I'd prefer them not be called "micro bitcoins." I really want to call
> > > them "microbes" ... but I'm not sure that has the right flavor for money
> >
> > Why on earth?
> >
> > > transfer :) "Please give me 872 microbes". Perhaps we just call them
> > > "bits." Or even "micros" or "microbits". As I write this, I realize
> > > there's probably 872 threads on the forums about this already...
> > >
> > > But we would want to promote a consistent term, to avoid further
> > > confusion when people use different names for the new unit. It's not
> > > guaranteed to be successful, but if we pick a good name, and build it
> > > into the interface on the first release pushing the new unit, we have a
> > > chance to make the transition even easier.
> >
> > The reason SI prefixes were invented is exactly to preven that case.
> >
> >
> > ------------------------------------------------------------------------------
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> > _______________________________________________
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> > Bitcoin-development at lists.sourceforge.net
> > https://lists.sourceforge.net/lists/listinfo/bitcoin-development
> >
>
>
>
> --
> Alex Kravets <http://www.linkedin.com/in/akravets>; def redPill = '
> Scala <http://www.scala-lang.org/>;
> [[ brutal honesty <http://goo.gl/vwydt>; is the best policy ]]
> ------------------------------------------------------------------------------
> DreamFactory - Open Source REST & JSON Services for HTML5 & Native Apps
> OAuth, Users, Roles, SQL, NoSQL, BLOB Storage and External API Access
> Free app hosting. Or install the open source package on any LAMP server.
> Sign up and see examples for AngularJS, jQuery, Sencha Touch and Native!
> http://pubads.g.doubleclick.net/gampad/clk?id=63469471&iu=/4140/ostg.clktrk
> _______________________________________________
> Bitcoin-development mailing list
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> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
Eugen Leitl [ARCHIVE] /
npub1u7…ym47x
2023-06-07 15:09:41
in reply to nevent1q…t2l8
Author Public Key
npub1u770f582qk4l6eagyv9jd2x7wqujlu9ckfka7ru9sgjqtxhlzq9s4ym47xPublished at
2023-06-07 15:09:41Event JSON
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"content": "📅 Original date posted:2013-11-15\n📝 Original message:On Fri, Nov 15, 2013 at 01:37:56AM -0800, Alex Kravets wrote:\n\u003e Hi guys,\n\nAlex, you're top-posting and not trimming your replies.\n \n\u003e I've seen many many non-geeks be utterly intimidated and confused by\n\u003e 0.000XXXXX quantities and/or mBTC \u0026 uBTC notation\n\nYes, people really can't tell any difference between\nmm, cm, m, dm and km. Not.\n \n\u003e \n\u003e Yes, $10 being rougnly 10,000 Won in South Korean is a great example where\n\u003e large amounts of units work very well in a major economy.\n\nYou're trying to invent a new symbol for the same unit, instead\nof using an established, generic system of prefixes.\nThat's pretty insane.\n \n\u003e \n\u003e FWIW, I would prefer the entire switch-over be done *once* *and *at the\n\u003e same time switching both BTC to XBT and using the following\n\nI would prefer that nobody does any such silly thing. \n \n\u003e \n\u003e Currency Code *: *XBT\n\u003e Unit Definition *: *1 Bit = 100 Satoshis\n\u003e \n\u003e Addition benefit is splitting the term Bitcoin/bitcoin (as in Network and\n\u003e currency unit) into Bitcoin (network) and Bit (the unit).\n\nBitcoin is not measured in bits. Bits are units of information, and\nare measured in bits, kbits, Mbits, Gbits, Tbits, Pbits etc.\nhttp://en.wikipedia.org/wiki/Bit_rate\n \n\u003e \n\u003e Perhaps this project/process should have a name and be listed on a road map\n\u003e somewhere\n\nWhat would a sane person think if he saw that on the roadmap, you think?\n \n\u003e *BRCS: *Bitcoin Re-denomination and [Currency] Code Standardization project\n\nEver heard of SI unit prefixes?\n\nhttp://en.wikipedia.org/wiki/Metric_prefix\n \n\u003e \n\u003e Cheers ...\n\u003e \n\u003e \n\u003e \n\u003e \n\u003e \n\u003e On Fri, Nov 15, 2013 at 1:23 AM, Eugen Leitl \u003ceugen at leitl.org\u003e wrote:\n\u003e \n\u003e \u003e On Thu, Nov 14, 2013 at 05:53:16PM -0500, Alan Reiner wrote:\n\u003e \u003e \u003e I really like the XBT idea. It makes a lot of sense to match the ISO\n\u003e \u003e\n\u003e \u003e I really don't. Just use the SI prefixes.\n\u003e \u003e\n\u003e \u003e \u003e currency symbol (though the ISO guys will have to adjust the way they've\n\u003e \u003e \u003e defined the \"XBT\"). And I do agree that going right to uBTC and\n\u003e \u003e \u003e skipping mBTC makes sense, too.\n\u003e \u003e\n\u003e \u003e The display units should be choosable by the user.\n\u003e \u003e\n\u003e \u003e \u003e I'd prefer them not be called \"micro bitcoins.\" I really want to call\n\u003e \u003e \u003e them \"microbes\" ... but I'm not sure that has the right flavor for money\n\u003e \u003e\n\u003e \u003e Why on earth?\n\u003e \u003e\n\u003e \u003e \u003e transfer :) \"Please give me 872 microbes\". Perhaps we just call them\n\u003e \u003e \u003e \"bits.\" Or even \"micros\" or \"microbits\". As I write this, I realize\n\u003e \u003e \u003e there's probably 872 threads on the forums about this already...\n\u003e \u003e \u003e\n\u003e \u003e \u003e But we would want to promote a consistent term, to avoid further\n\u003e \u003e \u003e confusion when people use different names for the new unit. It's not\n\u003e \u003e \u003e guaranteed to be successful, but if we pick a good name, and build it\n\u003e \u003e \u003e into the interface on the first release pushing the new unit, we have a\n\u003e \u003e \u003e chance to make the transition even easier.\n\u003e \u003e\n\u003e \u003e The reason SI prefixes were invented is exactly to preven that case.\n\u003e \u003e\n\u003e \u003e\n\u003e \u003e ------------------------------------------------------------------------------\n\u003e \u003e DreamFactory - Open Source REST \u0026 JSON Services for HTML5 \u0026 Native Apps\n\u003e \u003e OAuth, Users, Roles, SQL, NoSQL, BLOB Storage and External API Access\n\u003e \u003e Free app hosting. Or install the open source package on any LAMP server.\n\u003e \u003e Sign up and see examples for AngularJS, jQuery, Sencha Touch and Native!\n\u003e \u003e http://pubads.g.doubleclick.net/gampad/clk?id=63469471\u0026iu=/4140/ostg.clktrk\n\u003e \u003e _______________________________________________\n\u003e \u003e Bitcoin-development mailing list\n\u003e \u003e Bitcoin-development at lists.sourceforge.net\n\u003e \u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e \u003e\n\u003e \n\u003e \n\u003e \n\u003e -- \n\u003e Alex Kravets \u003chttp://www.linkedin.com/in/akravets\u003e def redPill = '\n\u003e Scala \u003chttp://www.scala-lang.org/\u003e\n\u003e [[ brutal honesty \u003chttp://goo.gl/vwydt\u003e is the best policy ]]\n\n\u003e ------------------------------------------------------------------------------\n\u003e DreamFactory - Open Source REST \u0026 JSON Services for HTML5 \u0026 Native Apps\n\u003e OAuth, Users, Roles, SQL, NoSQL, BLOB Storage and External API Access\n\u003e Free app hosting. Or install the open source package on any LAMP server.\n\u003e Sign up and see examples for AngularJS, jQuery, Sencha Touch and Native!\n\u003e http://pubads.g.doubleclick.net/gampad/clk?id=63469471\u0026iu=/4140/ostg.clktrk\n\n\u003e _______________________________________________\n\u003e Bitcoin-development mailing list\n\u003e Bitcoin-development at lists.sourceforge.net\n\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development",
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