📅 Original date posted:2013-11-14
📝 Original message:On 15 November 2013 01:37, Daniel F <nanotube at gmail.com> wrote:
> > This is a decentralized currency, and we should avoid centralizing
> > decisions. This is something that impacts the community at large, and
> > deserves input and discussion at every level.
> >
> > I would suggest posting on all possible forums "proposal: switch to
> > uBTC, labelled as ISO prefers (XBT?)" and see what sort of discussion
> > is generated. If the support is broad, it will be plain from the
> > responses if there is a consensus. Perhaps everyone will agree it is
> > the best course, and we can make an easy change.
> >
> > But we need less "core dev fiat" not more :)
> >
> this seems like such a paint-the-bikeshed problem that it's sure to
> generate vast volumes of discussion, waste a lot of people's time, and
> all for only a dubious (imo) gain. (case in point - here i am
> contributing to it :) ).
>
> i agree that we should avoid centralizing this. i'll go a step further
> and note that the client already has a dropdown allowing individuals to
> choose units. merchants are free to choose to price in different units.
> exchanges are free to denominate trade in different units.
>
> i suggest we just let the market do its thing and not get into trying to
> 'make a decision' of any sort.
>
I do agree with you here
e.g. I think the question of the ISO code (XBT vs BTC) is probably out of
scope for this thread, and there was no clear consensus, when it came up on
the forums.
As a data point, the price of bitcoin has gone up roughly 1000x since
satoshi made his suggestion that the decimal point could move 3 places.
I dont think it's a question of centralization, I was just seeking opinion
on what people felt about the reference implementation. How about just
changing the default value in the dropdown from BTC -> to mBTC
The the other clients and exchange choose whether they want to follow suit
or not
>
>
>
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Melvin Carvalho [ARCHIVE] /
npub1uv…saxrt
2023-06-07 15:09:43
in reply to nevent1q…cpu3
Author Public Key
npub1uvtfvcegcn9kds68r8he57emc480vqtx8t22kpsctxgjxae44gvsksaxrtPublished at
2023-06-07 15:09:43Event JSON
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"content": "📅 Original date posted:2013-11-14\n📝 Original message:On 15 November 2013 01:37, Daniel F \u003cnanotube at gmail.com\u003e wrote:\n\n\u003e \u003e This is a decentralized currency, and we should avoid centralizing\n\u003e \u003e decisions. This is something that impacts the community at large, and\n\u003e \u003e deserves input and discussion at every level.\n\u003e \u003e\n\u003e \u003e I would suggest posting on all possible forums \"proposal: switch to\n\u003e \u003e uBTC, labelled as ISO prefers (XBT?)\" and see what sort of discussion\n\u003e \u003e is generated. If the support is broad, it will be plain from the\n\u003e \u003e responses if there is a consensus. Perhaps everyone will agree it is\n\u003e \u003e the best course, and we can make an easy change.\n\u003e \u003e\n\u003e \u003e But we need less \"core dev fiat\" not more :)\n\u003e \u003e\n\u003e this seems like such a paint-the-bikeshed problem that it's sure to\n\u003e generate vast volumes of discussion, waste a lot of people's time, and\n\u003e all for only a dubious (imo) gain. (case in point - here i am\n\u003e contributing to it :) ).\n\u003e\n\u003e i agree that we should avoid centralizing this. i'll go a step further\n\u003e and note that the client already has a dropdown allowing individuals to\n\u003e choose units. merchants are free to choose to price in different units.\n\u003e exchanges are free to denominate trade in different units.\n\u003e\n\u003e i suggest we just let the market do its thing and not get into trying to\n\u003e 'make a decision' of any sort.\n\u003e\n\nI do agree with you here\n\ne.g. I think the question of the ISO code (XBT vs BTC) is probably out of\nscope for this thread, and there was no clear consensus, when it came up on\nthe forums.\n\nAs a data point, the price of bitcoin has gone up roughly 1000x since\nsatoshi made his suggestion that the decimal point could move 3 places.\n\nI dont think it's a question of centralization, I was just seeking opinion\non what people felt about the reference implementation. How about just\nchanging the default value in the dropdown from BTC -\u003e to mBTC\n\nThe the other clients and exchange choose whether they want to follow suit\nor not\n\n\u003e\n\u003e\n\u003e\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\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\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20131115/5cd8c304/attachment.html\u003e",
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