It's bits.

[alikim]

Satoshi is just fine.

The only other name that might get in use IRL is the equivalent of a dollar or euro in coins.

There is no point in naming any mid amount until price stabilizes and people will use, say, 0.001234 btc as an equivalent of a dollar for years.

Right now it's meaningless, price jumps up and down wildly, so you never know.

[solomon]

The price being volatile is more of an argument for bits than against it.

if a t-shirt is 3000 bits one day and 330 bits the next, it's very easy to see it costs about 10x less than it did yesterday

But a 3 mBTC coffee that becomes 330 uBTC the next day, although for many people this calculation is trivial, for many more people it isn't.

Regardless of what is used, the 1BTC = 1 000 000 ratio is right.

Someone put in that thread of denoting bits as bitz or some other written way if it would cause confusion when buying phone time. (I'm not sure how big of a problem that is though tbh. Where I'm from phone data is purchased in Mb and Gb)

[Aido]

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

[2_Thumbs_Up]

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

Thank you for adding 'bits' to the poll.

[Blueberry408]

I just don't think bitcoin will end up being tied to the value of one-eighth of a U.S. dollar.

Spending thousands of bits on small things will remind people of currencies that have been hyperinflated.
...

That might be a good thing.

Though the idea of using bit for something other than info seems like a two bit idea to me.

But that's just your two bits.

[je1p7u7]

1. "I lost a bit of money" will become ambiguous

2. People the geniuses that they are will think their internet connections are mining devices that generate bitcoins; per second!

3. Bit could be an abreviation for bitcoin once it goes mainstream

4. IT crowd associate bit with one eighth => confusion

That said, I like the idea but maybe we should get a couple more candidates.

[x86Daddy]

This is one of the better "modifications" to Bitcoin I've seen suggested lately.  It requires no fundamental change to the protocol or anything other than some labeling changes.  The psychological barriers to using a currency where most transactions are for 0.00nnn are going to add up, and the satoshi as a unit is going to be too small and cumbersome as a word as well.  Also, it puts us back in the situation we were in a few years ago... the popular denomination of this currency is equivalent to a fraction of a penny, with all the psychological advantages towards continued growth mirroring what we just witnessed.  Time to buy a 10,000 bit pizza?

That said, I do like the reddit suggestion of throwing "credits" in there somewhere because this is the future.   

If you like this, spread the word; hit the poll:

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