Let's use mBTC instead of BTC

[Greenenergy]

I use sometimes mBTC but not like you, having some decimals don't bother me. So for me, that's not a priority to use mBTC everywhere.

[pooya87]

I don't know about you guys, but more and more often I find myself dealing with numbers like 0.004 BTC, 0.05 BTC, etc. in everyday transactions. I hate decimals and I think most of you are in the same boat as me. Our brain works much better with whole numbers. Given that 1 mBTC is in the same order of magnitude as 1 USD, why don't we start measuring our transactions in mBTC?

the problem with this is that not everybody knows what mili, micro and similar things mean. i have seen topics about what does mBTC or uBTC means and how much are they.
for this to work, everybody needs to have an understanding of the units. but satoshi or using decimals is going to be universally understandable.

[elizabethqueen]

I don't know about you guys, but more and more often I find myself dealing with numbers like 0.004 BTC, 0.05 BTC, etc. in everyday transactions. I hate decimals and I think most of you are in the same boat as me. Our brain works much better with whole numbers. Given that 1 mBTC is in the same order of magnitude as 1 USD, why don't we start measuring our transactions in mBTC?

i believe no only you guy that confused and asking about this,some forum and group dealing with mBTC for measuring bitcoin amount,and some wallet give some option with decimal or mBTC,for m,its more simple use decimal,even i hate decimal,but i can calculate bitcoin easily with decimal

[AliceWonderMiscreations]

I had my wallet set to mBTC for a long time but I just switched to BTC because too many things are priced in BTC and I wanted to avoid confusion.

None of the websites where I spend money use mBTC so it doesn't make sense for my wallet to be in mBTC.

[Herbert2020]

I had my wallet set to mBTC for a long time but I just switched to BTC because too many things are priced in BTC and I wanted to avoid confusion.

None of the websites where I spend money use mBTC so it doesn't make sense for my wallet to be in mBTC.

that is the good thing about bitcoin. you can change these things to your liking. for instance in Electrum wallet that i use, you can set it to any unit you like and set the decimals it shows. and i have seen websites that accept bitcoin do this too with a simple dropdown list that changes the price to mBTC, uBTC, or USD,...

[Rude Boy]

More or less i know about all bitcoin units. Still i feel comfort only when i use BTC unit and i feel little confusion when i use other units.

[harrymmmm]

Nah, I think it's more reliable to use the bigger unit rather than using a smaller one which is mbtc. Bitcoin is more volatile than others and with it's constant moving price, it's more preferable to use a unit as a whole and just a measure of it's part.

Nah.
The advantage in using subunits is to minimize the complication.
Usually, in the examples people use, that simply means minimizing the number of zeros needed to pad the number out.
More generally you know how many significant figures you want to preserve, look at the zeros required to pad to the decimal point, then choose a subunit that reduces these.

simple examples:
0.001 btc = 1 millie
100000 satoshi =  1 millie

[harrymmmm]

Should we quote US currency in dollars or cents - it's a similar discussion.

I think a much more suitable comparison is to discuss whether we should take body measurements in inches or miles

cubits would be more appropriate if the size was the only consideration.
But fortunately the world has an actual standard set of units here, so we'd use meters.

[Nahl]

I don't know about you guys, but more and more often I find myself dealing with numbers like 0.004 BTC, 0.05 BTC, etc. in everyday transactions. I hate decimals and I think most of you are in the same boat as me. Our brain works much better with whole numbers. Given that 1 mBTC is in the same order of magnitude as 1 USD, why don't we start measuring our transactions in mBTC?

sometimes i was so confused with mBTC because already familiar with decimal in btc also using decimal is more popular than use mBTC and i think we must be stay in decimal for everyday use than using mBTC

[tommygunyeah]

I don't know about you guys, but more and more often I find myself dealing with numbers like 0.004 BTC, 0.05 BTC, etc. in everyday transactions. I hate decimals and I think most of you are in the same boat as me. Our brain works much better with whole numbers. Given that 1 mBTC is in the same order of magnitude as 1 USD, why don't we start measuring our transactions in mBTC?

I already do it. Setted up my Mycellium wallet to show balances and transactions in mBTC and it made my life a lot easier. It's hard to deal with several zeros after the comma!

[harrymmmm]

I understand what you are saying, but I do not understand how that would be move convenient.  People need to understand what a Bitcoin is and when we do this, you will confuse people.  When  first started with Bitcoin, I did a faucet thinking I was getting more than I was because it was in mBTC.  It is just confusing for newbies.

No more confusing than grams and milligrams, or meters and millimeters.
If you're confused by all those, you better pay more attention.

[kevin go]

for me its more confusing using mbtc than btc..whenever 1 mbtc is equal to 0.001 btc. i think i prefer 0.001 bcause the first time and alrdy in my head is 0.001 not the 1mbtc.
actually that 1mbtc make me confusing alot.
does everyone feel the same like me?

[AliceWonderMiscreations]

I understand what you are saying, but I do not understand how that would be move convenient.  People need to understand what a Bitcoin is and when we do this, you will confuse people.  When  first started with Bitcoin, I did a faucet thinking I was getting more than I was because it was in mBTC.  It is just confusing for newbies.

No more confusing than grams and milligrams, or meters and millimeters.
If you're confused by all those, you better pay more attention.

Ah but if you have ever had physics or chemistry etc. you always use the SAME units because it avoids mistakes.

Physics tends to use mks - meter, kilogram, second. Chemistry tends to use cgs - centimeter, gram, second.

Using the same units for everything avoids accidental mistakes.

Hence why I am using BTC in my wallet even though mBTC would be preferred. Since the places I spend present prices in BTC then I should use BTC to reduce odds of human error when converting between the two, even though the conversion is always an exponent of 10.

It would be nice if markets presented prices in mBTC but very few do, BTC is what the market has chosen.

[traderbit]

I don't know about you guys, but more and more often I find myself dealing with numbers like 0.004 BTC, 0.05 BTC, etc. in everyday transactions. I hate decimals and I think most of you are in the same boat as me. Our brain works much better with whole numbers. Given that 1 mBTC is in the same order of magnitude as 1 USD, why don't we start measuring our transactions in mBTC?

I like more to make deals with decimals instead of 1mBTC or 1bits or satoshi, 0.01 is just enough to say instead of thousands of satoshi.

[ctlaltdefeat]

I don't know about you guys, but more and more often I find myself dealing with numbers like 0.004 BTC, 0.05 BTC, etc. in everyday transactions. I hate decimals and I think most of you are in the same boat as me. Our brain works much better with whole numbers. Given that 1 mBTC is in the same order of magnitude as 1 USD, why don't we start measuring our transactions in mBTC?

i dont like using mBTC,because i always getting hard to calculate it to other currency,if i use mBTC of course if i want to trade that bitcoin,i will calculate to decimal,so i not use mBTC anymore.

[harrymmmm]

I understand what you are saying, but I do not understand how that would be move convenient.  People need to understand what a Bitcoin is and when we do this, you will confuse people.  When  first started with Bitcoin, I did a faucet thinking I was getting more than I was because it was in mBTC.  It is just confusing for newbies.

No more confusing than grams and milligrams, or meters and millimeters.
If you're confused by all those, you better pay more attention.

Ah but if you have ever had physics or chemistry etc. you always use the SAME units because it avoids mistakes.

Physics tends to use mks - meter, kilogram, second. Chemistry tends to use cgs - centimeter, gram, second.

Using the same units for everything avoids accidental mistakes.

Hence why I am using BTC in my wallet even though mBTC would be preferred. Since the places I spend present prices in BTC then I should use BTC to reduce odds of human error when converting between the two, even though the conversion is always an exponent of 10.

It would be nice if markets presented prices in mBTC but very few do, BTC is what the market has chosen.

'Tis true that scientific equations are constructed so that all components use the same units or subunits.
It does more than prevent accidental mistakes - it enables anyone to use them without checking what subunits are required for each variable value. All you need to know is the system used (e.g mks)/

With the current discussion, we're talking really simple conversions tho. Not algebraic, just arithmetic.
The operations involve only decimal point shifts (3 to the right, 3 to the left etc) and a simple multiplicative factor to get to/from fiat.
As you say, you wouldn't mix subunits even in the arithmetic calculations (like say adding btc to millies, or adding btc to dollars); you normalize the units first.

For these arithmetic operations, the units don't matter. The only requirement is to not mix units.

So your 'same units' can still be btc or mbtc in any one calculation. The subunit chosen doesn't affect the calculation (like it would if the units needed to be exponentiated in a physics equation for example).

[AliceWonderMiscreations]

Right but when I make payments, I never "click" the link or scan the QR code because of the possibility of an XSS attack or malware that alters the url fed to my bitcoin client.

I copy the amount and address into a text editor, verify that they match (and that the payment makes sense)

Then I initiate the payment, make sure the address matches, and enter the amount.

That's where a mistake can happen.

If the item costs 0.5 BTC and my client is in mBTC then it is possible that instead of entering 500 mBTC I enter 50 mBTC or 5000 mBTC.

If the units are the same however, it is easier to visually see that amount.

-=-

Yes I know the address could potentially be altered on the web page itself by an XSS attack, it would be beautiful if more sites used CSP to protect against that, and it also would be beautiful if payment addresses could be pre-generated and added to DNS especially with DNSSEC so that their validity could be verified the same way a DNSBL or DNSWL works with spam filtering.

But anyway, since I cut and paste the amount into a text editor and then cut and paste the amount into my client, it is less mistake prone if both use the same units.

[pocarime32]

I'm prefer using BTC instead of mBTC because i think using BTC is more easier than mBTC. and people around the world more know about BTC instead mBTC.

[Herbert2020]

....
If the item costs 0.5 BTC and my client is in mBTC then it is possible that instead of entering 500 mBTC I enter 50 mBTC or 5000 mBTC.

If the units are the same however, it is easier to visually see that amount.

...

that is the problem though. you want to see mBTC another person wants to see bits instead of all these and some other person comes along and wants to see satoshi instead of all these.

so to solve this the website have to either show all the desirable units to satisfy all of their customers or they can use the decimal with standard bitcoin (0.5 BTC) so nobody can complain.

[BellaBitBit]

I don't mind decimals and like both mBTC and Satoshi.  With time you get used to all of it.