📅 Original date posted:2014-05-02
📝 Original message:On Saturday, May 03, 2014 12:54:37 AM Ben Davenport wrote:
> 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.
Huh? Your examples demonstrate the *opposite* of your point. 'k' and 'M' *are*
the SI prefixes. People *do* use 63k USD, $63k, and $3M. I'll be the first one
to admit SI is terrible, but I don't understand your argument here.
Luke
P.S. Note that SI units haven't actually ever been adopted, except by force of
law. "Name me ... that uses SI" is a silly thing to say, since virtually all
naturally-or-freely-adopted units of any measure have been based on a number
that factor to twos and threes (not fives, like decimal).
Luke Dashjr [ARCHIVE] /
npub1tf…rfq0n
2023-06-07 15:20:48
in reply to nevent1q…q79p
Author Public Key
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wss://relay.noswhere.comPublished at
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"content": "📅 Original date posted:2014-05-02\n📝 Original message:On Saturday, May 03, 2014 12:54:37 AM Ben Davenport wrote:\n\u003e My only addition is that I think we should all stop trying to attach SI\n\u003e prefixes to the currency unit. Name me another world currency that uses SI\n\u003e prefixes. No one quotes amounts as 63 k$ or 3 M$. The accepted standard at\n\u003e least in the US is \u003ccurrency-symbol\u003e\u003camount\u003e\u003cmodifier\u003e, i.e. $63k or $3M.\n\u003e That may not be accepted form everywhere, but in any case it's an informal\n\u003e format, not a formal one. The important point is there should be one base\n\u003e unit that is not modified with SI prefixes. And I think the arguments are\n\u003e strong for that unit being = 100 satoshi.\n\nHuh? Your examples demonstrate the *opposite* of your point. 'k' and 'M' *are* \nthe SI prefixes. People *do* use 63k USD, $63k, and $3M. I'll be the first one \nto admit SI is terrible, but I don't understand your argument here.\n\nLuke\n\nP.S. Note that SI units haven't actually ever been adopted, except by force of \nlaw. \"Name me ... that uses SI\" is a silly thing to say, since virtually all \nnaturally-or-freely-adopted units of any measure have been based on a number \nthat factor to twos and threes (not fives, like decimal).",
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