We need names.

[aggieben]

I like Millie and Mike.

Agreed.  mBTC is probably the only fractional denomination that will ever be needed in practical application, but mikes allow room for extra precision when necessary.  Both are easily expressed using existing character encodings (mBTC / uBTC) and prevent the absurdities of trying to verbally communicate small fractions in decimal format.  I think it would be wise to dispense with BTC "cents".  They aren't really any better than millies in my opinion, and not having them sets BTC apart from most other currencies.

[1715124496]

1715124496

[1715124496]

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[flower1024]

These are pretty good for names but I would simply say.

1 BTC is one Barter Token or Bitcoin.
0.00000001 is a Satoshi
100 Satoshi is a Nakamoto or a Nak (pronounced "Knock") 0.00000100 BTC
A bitcoin is 1 million Naks.
It is 4/23/2013 and $1.00 gets you 7143 Naks. Some people are afraid to buy at $140 per Bitcoin because the number scares them.  The Nak could calm people down.

Think of a movie of the Zimbabwe economy or the Weimar Republic RUNNING BACKWARDS.
Play money in 2009 is now a substantial global currency.

Some day the Nak will reach parity with the Dollar as the penny and Satoshi head toward each other in value.

Ron.

I'm all for honoring Hal Finney (https://bitcointalk.org/index.php?topic=155054.0). I think 100 Satoshi's or 1 milliBitcoin to be called a Finney or "Fin" would be appropriate.

+1

[Hawker]

Wow.  Those are some seriously nerdy names. 

[FreeSocrates!]

Here's a few to add to the nerd fest...  

.1 (deci, tenths) BitTenthly, BitDeci, petoshi
.01 (centi, hundreds) bit-centi, BitCenti, BitCent, terra-oshi
.001 (mili, thousanths) bit-thou, BitTao, BitTaoy, tawa-oshi, giga-oshi
.0001(ten thoussandths), zen-tao-oshi, mega-oshi
.00001 (hundred thousands) - kila-oshi
.000001 (millions) bit-milli, hect-oshi
.0000001 (ten millionths) deca-oshi
.00000001 - satoshi

[AnonyMint]

0.00000001 BTC = Satoshi

Can't remember where I read someone else post that everything should be quoted in Satoshis for consistency and eliminate confusion. I agree. Thus all 1 BTC holders already sBTC billionaires.

So my suggestion is:


0.00000001 BTC = 1 sBTC = 1 sBTC = 1 Satoshi (bit) or 1 sbit


Throw away all the other denominations except 1 BTC = 1 BTC = 1 Bitcoin.

Alternatively you could call them "cents":


0.00000001 BTC = 1 cBTC = 1 cBTC or 1 BTCent = 1 Bitcoin cent

[Aido]

There's a poll on it over here: https://bitcointalk.org/index.php?topic=349579.0

[BitOnyx]

Here's a few to add to the nerd fest...  

.1 (deci, tenths) BitTenthly, BitDeci, petoshi
.01 (centi, hundreds) bit-centi, BitCenti, BitCent, terra-oshi
.001 (mili, thousanths) bit-thou, BitTao, BitTaoy, tawa-oshi, giga-oshi
.0001(ten thoussandths), zen-tao-oshi, mega-oshi
.00001 (hundred thousands) - kila-oshi
.000001 (millions) bit-milli, hect-oshi
.0000001 (ten millionths) deca-oshi
.00000001 - satoshi

yes it will help n00bs to understand bitcoin better  

edit: vouted