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Author Topic: Hey big money, Let bitcoin drop! the little people NEED IT!!  (Read 2368 times)
lunarboy
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June 04, 2013, 11:00:57 AM
 #21

I'm pretty sure adam is just trolling a bit for fun.  Huh

But it is an interesting point, how do we get the general public to stop thinking of a bitcoin as a.... OMG one costs $120 how can I buy a coffee with that??

Each time I get asked this, and it comes up in some form every time I explain Bitcoin. I use a volume analogy. 'Think of Bitcoin like water, yes you can buy a nice packaged bottles worth, but most people just turn on the tap and use as much as they need, when they need it'

Its nearly infinitely divisible, get used to it.  Roll Eyes
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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June 04, 2013, 02:15:18 PM
 #22

Well there was reddit movement to start using mBTC as the general value.

ie. 0.001 of a Bitcoin

Although they want to call them milli bitcoins which sounds like a bit of a mouthful.

Think we should just call them Bits

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