I hate having to agree with you, but the recent accident in Fukushima is a good example. Both mass media and the general public were completely unable to understand and communicate the difference between micro and milli - leading to headlines that there had been increases in radiation because TEPCO stated "14 microsievert" when they had previously said "0.6 millisievert" etc.

Falkvinge expressed similar views:

{amount}[k|m|u]

The amount 0.00141 could have been better written as 1.41m (1.41 millibitcoin), or 1410u for those who prefer (1,410 microbitcoin). It makes it much more readable. Readability is strongly preferable. (The k prefix works similarly for kilo and will probably only be used to buy mansions and luxury sports cars. I do not foresee a need for a mega prefix.)


http://falkvinge.net/2011/06/06/bitcoins-four-hurdles-part-two-transactions/

to do


this

My interest in Bitcoin has very little to do with identity protection and very much to do with the possibility to do "instant" regulation-less P2P transactions in all sorts of circumstances where our current economic systems makes it difficult.

I dislike carrying cash, and I feel sorry for merchants every time I pay for something worth only a few dollars with plastic since I know most of their profit is being eaten by banks claiming to perform a service I fail to see is needed.

"free" = micro enough
"instant" = small sums don't really need confirmation, large sums do

Seconded. If we're trying to bootstrap a completely new economy we should use our strength, which is "free" micro payments, something other forms of currency and value exchangers cannot do today.

It would open up new opportunities for Bitcoin immediately.

(On topic: I consider the US-government-will-take-control-over-more-than-50%-of-the-network scenario to not only be likely, I'm quite sure Homeland Security is already working on it)

No. The rate of inflation is higher than the rate you're given on your savings, which means that while the actual number you see indeed goes up the purchasing power (e.g. value) goes down.

It's the most sane name. Calling them "mill" or "millies" risk causing confusion with "million" though (esp. if capitalizing!). As suggested in another thread, mBit ("embit" - two syllables) sounds nice.

I have no idea what you're talking about now, but your original statement was about the rate of human population growth and was promptly disproven.

(UN medium scenario projects a max global population of somewhere between 9-10 billion at the year 2050-2070 and then decreasing)

"In 2009, the estimated annual growth rate was 1.1%."
- http://en.wikipedia.org/wiki/Population_growth

mBit ("embit") has a nice two-syllable ring to it.

Seeing as the thread was started a year ago, just to verify: Are you the only one currently working on the mac client? Just realized it doesn't seem to use NAT-PNP/UPnP due to the low connection count i got. With Bitcoin constantly in the news a lot of people who aren't comfortable doing manual port mapping (might not even run devices with static internal IPs) are probably trying it out now.

(A secondary but related problem is not mac specific: Not being able to run two Bitcoin clients on the same local network with one external IP without manual pass-through configuration)