Why Nostr? What is Njump?
2023-06-07 15:20:47
in reply to

Aaron Voisine [ARCHIVE] on Nostr: 📅 Original date posted:2014-05-02 📝 Original message:It will also be important ...

📅 Original date posted:2014-05-02
📝 Original message:It will also be important to chose the currency symbol for "bits" at the
same time. Lowercase stroke "b" I think is the obvious choice.
Unicode U+0180

Aaron

On Friday, May 2, 2014, Alan Reiner <etotheipi at gmail.com> wrote:

> I've been a strong supporter of the 1e-6 unit switch since the beginning
> and ready to do whatever I can with Armory to help ease that transition.
> I'm happy to prioritize a release that updates the Armory interface to make
> "bits" the default unit, when the time is right. I think it makes sense to
> get as many apps and services to upgrade nearly simultaneously.
>
> My plan is to have a popup on the first load of the new version that
> briefly introduces the change, and mentions that they can go back to the
> old way in the settings, but make them work to do it. For the transient
> period (6 months?) all input boxes will auto-update nearby labels with the
> converted-to-BTC value as they type, so that they don't have to do any math
> in their head. Similarly, all displayed BTC values will show both. But
> the 1e-6 unit will always be default or first unless they explicitly change
> it in the interface.
>
>
>
>
> On 5/2/2014 8:54 PM, Ben Davenport wrote:
>
> 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<javascript:_e(%7B%7D,'cvml','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/
>>
>>
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>
>
>
> ------------------------------------------------------------------------------
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>
>
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>

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