Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: melvster on June 01, 2013, 04:03:20 PM



Title: Let Satoshi's will be done - mbtc day 2 June 2013
Post by: melvster on June 01, 2013, 04:03:20 PM
Eventually at most only 21 million coins for 6.8 billion people in the world if it really gets huge.

But don't worry, there are another 6 decimal places that aren't shown, for a total of 8 decimal places internally.  It shows 1.00 but internally it's 1.00000000.  If there's massive deflation in the future, the software could show more decimal places.

If it gets tiresome working with small numbers, we could change where the display shows the decimal point.  Same amount of money, just different convention for where the ","'s and "."'s go.  e.g. moving the decimal place 3 places would mean if you had 1.00000 before, now it shows it as 1,000.00.

https://bitcointalk.org/index.php?topic=44.msg267#msg267

seeAlso

https://bitcointalk.org/index.php?topic=220322.0

The majority of the community is in favor of this.

http://3.bp.blogspot.com/_PX7fseE4voc/THKgo90ZE9I/AAAAAAAAAEo/otHsqf3Qhc4/s1600/make+it+so_2.jpg


Title: Re: Let Satoshi's will be done - mbtc day 2 June 2013
Post by: Myrddindc on June 01, 2013, 04:11:15 PM
With bitcoin running at roughly 100 times fiat standard denomination I agree! (I know we shouldn't be comparing to fiat, but that's how people currently think and work. It has also been the most difficult thing when getting family and friends involved! They agree to buy 1 then I say it's £88 and they say that's a pity I'd buy one for a tenner!)

Myrddindc


Title: Re: Let Satoshi's will be done - mbtc day 2 June 2013
Post by: tutkarz on June 01, 2013, 05:45:22 PM
yep its difference to own 1billion of something than 0.01 even if its worth the same


Title: Re: Let Satoshi's will be done - mbtc day 2 June 2013
Post by: ixne on June 01, 2013, 11:05:14 PM
The non-rational part of my brain would be pleased by this.


Title: Re: Let Satoshi's will be done - mbtc day 2 June 2013
Post by: Abdussamad on June 02, 2013, 03:51:15 PM
Thanks I'll add this to my thread:

https://bitcointalk.org/index.php?topic=222442.0