📅 Original date posted:2014-04-20
📝 Original message:As someone who has put a lot of thought into how to best help typical everyday people understand bitcoin, I strongly favor 1 bit = 1e-6 BTC as being very straightforward to explain to non technical types, and also XBT as one "bit". "There are a million bits in a bit coin" is highly intelligible to average people.
I consider overload/conflict with existing meanings of "bit" as a non-issue for typical population at large.
Mike
Sent from my iPhone
> On Apr 20, 2014, at 10:31 AM, "Alan Reiner" <etotheipi at gmail.com> wrote:
>
> Whatever we call it. I'm happy to support it as long as it's 1e-6.
Mike Caldwell [ARCHIVE] /
npub1x7…ek2am
2023-06-07 15:19:00
in reply to nevent1q…zph6
Author Public Key
npub1x7n0qxyv4z0l3cy6lfm4shpwfqvcqu4w5j33c9t3ewx9gflwjyysxek2amPublished at
2023-06-07 15:19:00Event JSON
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"created_at": 1686151140,
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"content": "📅 Original date posted:2014-04-20\n📝 Original message:As someone who has put a lot of thought into how to best help typical everyday people understand bitcoin, I strongly favor 1 bit = 1e-6 BTC as being very straightforward to explain to non technical types, and also XBT as one \"bit\". \"There are a million bits in a bit coin\" is highly intelligible to average people. \n\nI consider overload/conflict with existing meanings of \"bit\" as a non-issue for typical population at large. \n\nMike\n\nSent from my iPhone\n\n\u003e On Apr 20, 2014, at 10:31 AM, \"Alan Reiner\" \u003cetotheipi at gmail.com\u003e wrote:\n\u003e \n\u003e Whatever we call it. I'm happy to support it as long as it's 1e-6.",
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}