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Author Topic: Are there plans to shift the Bitcoin decimal point to the right?  (Read 2034 times)
baller1
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January 16, 2014, 05:17:20 AM
 #21

When the term Millibit becomes more widespread, I think it'll solve a lot of these confusing in name/thinking micro-transactions.

so instead of .00176 for a coffee, that's 1.76.... when it's more widespread it'll be understood that's millibit not full bit, and your online/phone wallet should read mBTC)

although that ease of usage is dependent on how much BTC is worth, it's possible in a year a coffee is .1 Millibit. or less? Wink
which makes the verbage language for everyday name/thinking micro-transactions tough again. And then we're on to uBTC..  which is a few decimal points away...

I feel this will just have to be a learning curve for anyone, it always seems a struggle, but as more people learn it, I don't think it will be as much a struggle to grasp.
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