📅 Original date posted:2019-03-07
📝 Original message:It is highly unikely that non-engineers will adopt scientific notation or mili/nano/pico prefixes for money.
All common currencies either have no change or one that is 1/100 of the base unit.
This is the convention that practically all existing finance software and non-Bitcoin related UI that deals with money assumes.
Ignoring evident cultural preference and all pre-existenting finance related software is blatant Bitcoin engineering blindness.
We already had a BIP for bits, which I support for above reasons. https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki
Tamas Blummer
> On Mar 7, 2019, at 00:35, Gregory Maxwell via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> wrote:
>
> On Wed, Mar 6, 2019 at 12:32 AM Amine Chakak via bitcoin-dev
> <bitcoin-dev at lists.linuxfoundation.org> wrote:
>> The idea has been floated around to switch to satoshi as a base unit.
>
> If Satoshi wanted the currency units named after him, he would simply
> have done it. I think this behaviour seems creepy and is harmful to
> Bitcoin.
>
>> The lightning network uses satoshis as a base unit.
>
> It absolutely does not. Lightning uses units of 10 picobitcoin (1e-11
> btc), which is significantly smaller.
>
>> Pleas let me know if it would be appropriate to write a BIP for it.
>
> Please don't.
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
Tamas Blummer [ARCHIVE] /
npub1cc…ex8m8
2023-06-07 18:16:54
in reply to nevent1q…mfe2
Author Public Key
npub1ccegg9n9lnx6huppxg43m95488yur7pfemkn3pz0agjws5ffvtts0ex8m8Published at
2023-06-07 18:16:54Event JSON
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"content": "📅 Original date posted:2019-03-07\n📝 Original message:It is highly unikely that non-engineers will adopt scientific notation or mili/nano/pico prefixes for money. \n\nAll common currencies either have no change or one that is 1/100 of the base unit. \nThis is the convention that practically all existing finance software and non-Bitcoin related UI that deals with money assumes.\n\nIgnoring evident cultural preference and all pre-existenting finance related software is blatant Bitcoin engineering blindness.\n\nWe already had a BIP for bits, which I support for above reasons. https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki\n\nTamas Blummer\n\n\u003e On Mar 7, 2019, at 00:35, Gregory Maxwell via bitcoin-dev \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e \n\u003e On Wed, Mar 6, 2019 at 12:32 AM Amine Chakak via bitcoin-dev\n\u003e \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e\u003e The idea has been floated around to switch to satoshi as a base unit.\n\u003e \n\u003e If Satoshi wanted the currency units named after him, he would simply\n\u003e have done it. I think this behaviour seems creepy and is harmful to\n\u003e Bitcoin.\n\u003e \n\u003e\u003e The lightning network uses satoshis as a base unit.\n\u003e \n\u003e It absolutely does not. Lightning uses units of 10 picobitcoin (1e-11\n\u003e btc), which is significantly smaller.\n\u003e \n\u003e\u003e Pleas let me know if it would be appropriate to write a BIP for it.\n\u003e \n\u003e Please don't.\n\u003e _______________________________________________\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev",
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}