📅 Original date posted:2014-04-21
📝 Original message:I think we have two very good candidates both substantiated with arguments for their use in their context:
bit - the word for everyday use
XBT - the acronym to fit into the ISO currency set.
both meaning 100 satoshis or 1e-6 Bitcoin.
I am glad that I erred, and this list finaly cares of finance customs and average Joe’s.
Regards,
Tamas Blummer
http://bitsofproof.com
On 21.04.2014, at 07:41, Pieter Wuille <pieter.wuille at gmail.com> wrote:
>
> On Apr 21, 2014 3:37 AM, "Un Ix" <slashdevnull at hotmail.com> wrote:
> >
> > Something tells me this would be reduced to a single syllable in common usage I.e. bit.
>
> What units will be called colloquially is not something developers will determine. It will vary, depend on language and culture, and is not relevant to this discussion in my opinion.
>
> It may well be that people in some geographic or language area will end up (or for a while) calling 1e-06 BTC "bits". That's fine, but using that as "official" name in software would be very strange and potentially confusing in my opinion. As mentioned by others, that would seem to me like calling dollars "bucks" in bank software. Nobody seems to have a problem with having colloquial names, but "US dollar" or "euro" are far less ambiguous than "bit". I think we need a more distinctive name.
>
> --
> Pieter
> ------------------------------------------------------------------------------
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Tamas Blummer [ARCHIVE] /
npub1cc…ex8m8
2023-06-07 15:19:05
in reply to nevent1q…v8k8
Author Public Key
npub1ccegg9n9lnx6huppxg43m95488yur7pfemkn3pz0agjws5ffvtts0ex8m8Seen on
wss://relay.noswhere.comPublished at
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"content": "📅 Original date posted:2014-04-21\n📝 Original message:I think we have two very good candidates both substantiated with arguments for their use in their context:\n\nbit - the word for everyday use \nXBT - the acronym to fit into the ISO currency set.\n\nboth meaning 100 satoshis or 1e-6 Bitcoin. \n\nI am glad that I erred, and this list finaly cares of finance customs and average Joe’s.\n\nRegards,\n\nTamas Blummer\nhttp://bitsofproof.com\n\nOn 21.04.2014, at 07:41, Pieter Wuille \u003cpieter.wuille at gmail.com\u003e wrote:\n\n\u003e \n\u003e On Apr 21, 2014 3:37 AM, \"Un Ix\" \u003cslashdevnull at hotmail.com\u003e wrote:\n\u003e \u003e\n\u003e \u003e Something tells me this would be reduced to a single syllable in common usage I.e. bit.\n\u003e \n\u003e What units will be called colloquially is not something developers will determine. It will vary, depend on language and culture, and is not relevant to this discussion in my opinion.\n\u003e \n\u003e It may well be that people in some geographic or language area will end up (or for a while) calling 1e-06 BTC \"bits\". That's fine, but using that as \"official\" name in software would be very strange and potentially confusing in my opinion. As mentioned by others, that would seem to me like calling dollars \"bucks\" in bank software. Nobody seems to have a problem with having colloquial names, but \"US dollar\" or \"euro\" are far less ambiguous than \"bit\". I think we need a more distinctive name.\n\u003e \n\u003e -- \n\u003e Pieter\n\u003e ------------------------------------------------------------------------------\n\u003e Start Your Social Network Today - Download eXo Platform\n\u003e Build your Enterprise Intranet with eXo Platform Software\n\u003e Java Based Open Source Intranet - Social, Extensible, Cloud Ready\n\u003e Get Started Now And Turn Your Intranet Into A Collaboration Platform\n\u003e http://p.sf.net/sfu/ExoPlatform_______________________________________________\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\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140421/ed77a20c/attachment.html\u003e\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 495 bytes\nDesc: Message signed with OpenPGP using GPGMail\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140421/ed77a20c/attachment.sig\u003e",
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