📅 Original date posted:2014-05-02
📝 Original message:I fully support this (it's what I suggested over a year ago), but what it
comes down to is BitPay, Coinbase, Blockchain and Bitstamp getting
together, agreeing what they're going to use, and doing a little joint
customer education campaign around it. If there's community momentum around
"bits", great.
My only addition is that I think we should all stop trying to attach SI
prefixes to the currency unit. Name me another world currency that uses SI
prefixes. No one quotes amounts as 63 k$ or 3 M$. The accepted standard at
least in the US is <currency-symbol><amount><modifier>, i.e. $63k or $3M.
That may not be accepted form everywhere, but in any case it's an informal
format, not a formal one. The important point is there should be one base
unit that is not modified with SI prefixes. And I think the arguments are
strong for that unit being = 100 satoshi.
Ben
On Fri, May 2, 2014 at 12:17 PM, Jeff Garzik <jgarzik at bitpay.com> wrote:
> <vendor hat: on>
>
> Related:
> http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html
>
> --
> Jeff Garzik
> Bitcoin core developer and open source evangelist
> BitPay, Inc. https://bitpay.com/
>
>
> ------------------------------------------------------------------------------
> "Accelerate Dev Cycles with Automated Cross-Browser Testing - For FREE
> Instantly run your Selenium tests across 300+ browser/OS combos. Get
> unparalleled scalability from the best Selenium testing platform available.
> Simple to use. Nothing to install. Get started now for free."
> http://p.sf.net/sfu/SauceLabs
> _______________________________________________
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> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
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Ben Davenport [ARCHIVE] /
npub1qa…wrrvp
2023-06-07 15:20:46
in reply to nevent1q…saed
Author Public Key
npub1qa67gm2kyrqt7sldhzeppu5hq2ajx80y8f5rs9z6f34pjce03lms4wrrvpPublished at
2023-06-07 15:20:46Event JSON
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"content": "📅 Original date posted:2014-05-02\n📝 Original message:I fully support this (it's what I suggested over a year ago), but what it\ncomes down to is BitPay, Coinbase, Blockchain and Bitstamp getting\ntogether, agreeing what they're going to use, and doing a little joint\ncustomer education campaign around it. If there's community momentum around\n\"bits\", great.\n\nMy only addition is that I think we should all stop trying to attach SI\nprefixes to the currency unit. Name me another world currency that uses SI\nprefixes. No one quotes amounts as 63 k$ or 3 M$. The accepted standard at\nleast in the US is \u003ccurrency-symbol\u003e\u003camount\u003e\u003cmodifier\u003e, i.e. $63k or $3M.\nThat may not be accepted form everywhere, but in any case it's an informal\nformat, not a formal one. The important point is there should be one base\nunit that is not modified with SI prefixes. And I think the arguments are\nstrong for that unit being = 100 satoshi.\n\nBen\n\n\n\n\nOn Fri, May 2, 2014 at 12:17 PM, Jeff Garzik \u003cjgarzik at bitpay.com\u003e wrote:\n\n\u003e \u003cvendor hat: on\u003e\n\u003e\n\u003e Related:\n\u003e http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html\n\u003e\n\u003e --\n\u003e Jeff Garzik\n\u003e Bitcoin core developer and open source evangelist\n\u003e BitPay, Inc. https://bitpay.com/\n\u003e\n\u003e\n\u003e ------------------------------------------------------------------------------\n\u003e \"Accelerate Dev Cycles with Automated Cross-Browser Testing - For FREE\n\u003e Instantly run your Selenium tests across 300+ browser/OS combos. Get\n\u003e unparalleled scalability from the best Selenium testing platform available.\n\u003e Simple to use. Nothing to install. Get started now for free.\"\n\u003e http://p.sf.net/sfu/SauceLabs\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/20140502/3dded3a2/attachment.html\u003e",
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