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Author Topic: To get mass adoption we need to sort out these decimals  (Read 1438 times)
Dekshuduph
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June 17, 2013, 08:21:41 PM
 #21

1 BTC = Bitcoin
0.01 BTC = Bitcent
0.000001 = Millibit
0.00000001 = Satoshi

I think we should just stick with that...
What are those dividends, 100 then 10,000 then 100 again? That's confusing. Either way a Millibit is already established as a semi-formal way to refer to mBTC. We've already established:
1 BTC equals:
1,000 mBTC, one of which equals:
1,000 uBTC, one of which equals:
100 Satoshis
I recall the first three being official and visible through options in Bitcoin-QT, the Satoshi being unofficial but already widely-used.

Stop trying to make things which are already established. Also, listen to people. +1 to:
Eri
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June 18, 2013, 01:52:30 AM
 #22

BTC and satoshi are official. the satoshi was the first to be designated out of respect for satoshi nakamoto. its so official it doesnt need to be mentioned and its safe to say it could never be changed. Same goes for BTC in fact.
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