proposal for currency symbol for 'bits' (=1/1000000 BTC)

9kv

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Re: proposal for currency symbol for 'bits' (=1/1000000 BTC)

September 17, 2014, 06:10:38 PM

#41

Quote from: R2D221 on September 17, 2014, 04:28:46 AM

Quote from: 9kv on September 16, 2014, 02:20:53 PM

Quote from: DannyHamilton on September 16, 2014, 02:15:48 PM

Quote from: 9kv on September 16, 2014, 02:09:16 PM

Those sound terrible.
You have to consider that professionals will be using this terminology. CEOs of companies are not going to be going around and saying "Our new product should cost 30 en-bees".

And yet they are perfectly happy to say that their product should cost 30 "doll-ors", 30 "you-rows", or 30 "pay-soes"?

Yes.

dol·lar
Origin

from early Flemish or Low German daler, from German T(h)aler, short for Joachimsthaler, a coin from the silver mine of Joachimsthal (‘Joachim's valley’), now Jáchymov in the Czech Republic. The term was later applied to a coin used in the Spanish American colonies, which was also widely used in the British North American colonies at the time of the American Revolution, hence adopted as the name of the US monetary unit in the late 18th century

en·bee
Origin

a term made up by Internet user DannyHamilton that has no real meaning and no real history

Whoa, wait a second. What exactly are you discussing? Etymology, or sound? Because “Those sound terrible” say NOTHING about etymology, but then you're saying the reason they sound terrible is because of their etymology.

The reason they don't sound terrible to us is because they have history and are from an actual language. Hence etymology is related to how something sounds.

R2D221

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Re: proposal for currency symbol for 'bits' (=1/1000000 BTC)

September 17, 2014, 06:37:05 PM

#42

Quote from: 9kv on September 17, 2014, 06:10:38 PM

Quote from: R2D221 on September 17, 2014, 04:28:46 AM

Quote from: 9kv on September 16, 2014, 02:20:53 PM

Quote from: DannyHamilton on September 16, 2014, 02:15:48 PM

Quote from: 9kv on September 16, 2014, 02:09:16 PM

Those sound terrible.
You have to consider that professionals will be using this terminology. CEOs of companies are not going to be going around and saying "Our new product should cost 30 en-bees".

And yet they are perfectly happy to say that their product should cost 30 "doll-ors", 30 "you-rows", or 30 "pay-soes"?

Yes.

dol·lar
Origin

from early Flemish or Low German daler, from German T(h)aler, short for Joachimsthaler, a coin from the silver mine of Joachimsthal (‘Joachim's valley’), now Jáchymov in the Czech Republic. The term was later applied to a coin used in the Spanish American colonies, which was also widely used in the British North American colonies at the time of the American Revolution, hence adopted as the name of the US monetary unit in the late 18th century

en·bee
Origin

a term made up by Internet user DannyHamilton that has no real meaning and no real history

Whoa, wait a second. What exactly are you discussing? Etymology, or sound? Because “Those sound terrible” say NOTHING about etymology, but then you're saying the reason they sound terrible is because of their etymology.

The reason they don't sound terrible to us is because they have history and are from an actual language. Hence etymology is related to how something sounds.

“enbee” sounds like “envy”, a real word with real etymology. Anyway, I still disagree that etymology affects the pretty sound.

An economy based on endless growth is unsustainable.

DannyHamilton

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Re: proposal for currency symbol for 'bits' (=1/1000000 BTC)

September 17, 2014, 06:58:18 PM
Last edit: September 17, 2014, 09:27:33 PM by DannyHamilton

#43

Quote from: R2D221 on September 17, 2014, 06:37:05 PM

“enbee” sounds like “envy”, a real word with real etymology. - snip -

Sounds more to me like what you get when you pronounce these two symbols:

nBTC

I'm not sure why anyone is so focused on that one example I gave. I suppose it's to draw attention away from the other examples (such as "nans", "nanoes").

I wasn't specifically saying that any of those should be used, only that they were all reasonable options.

In the end the market will organically settle on something. It could be "nano-bits", or "tinybits" or "widgets" for all I know. Lets allow the future to decide what the future wants to call their money.

R2D221

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Re: proposal for currency symbol for 'bits' (=1/1000000 BTC)

September 17, 2014, 09:24:33 PM

#44

Sorry, I forgot to add my own opinion on the topic.

I actually agree with you, DannyHamilton, that SI units should be preferred, but that ultimately the one that works for the most people will win.

An economy based on endless growth is unsustainable.