What should 100 satoshis be called? (make sure to vote for TWO choices)

[hello_good_sir]

EDIT: PLEASE MAKE SURE TO VOTE FOR TWO

I think that I wasn't getting many people voting in the poll because there were too few choices.  So I added a bunch of popular choices.  If we each just vote for one it will be hard to come to a consensus, so vote for two.

[1713560183]

1713560183

[1713560183]

1713560183

[1713560183]

1713560183

[BitDreams]

voted.

[BurtW]

My opinion is here:

https://bitcointalk.org/index.php?topic=593705.msg6527215#msg6527215

[DannyHamilton]

- snip -
it will be hard to come to a consensus, so vote for two.

I don't think that word means what you think it means.

[hello_good_sir]

I don't think that word means what you think it means.

I know exactly what it means.  The purpose of this poll is not to determine the consensus, but to build it.  This poll will let people know what choices other people prefer.  Most people who support unpopular choices will recognize that and start considering the more popular choices.  So the result of this poll will be that popular choices are strengthened at the expense of weaker choices.  This gets us closer to consensus.

[Pony789]

I prefer "100 satoshis" (no change), but there is no such option...

[Melbustus]

It's going to simply be called "bit". Example: "That'll be 4550 bits for your coffee."

http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html

Obviously using standard metric prefixes makes more direct logical sense, but we have to be sensitive to public "layperson" perceptions here. Metric prefixes seem too techy/confusing to most people, and "bits" seems fairly natural to say and reasonably non-techy. Yet it also successfully conveys a sense that this is next-gen "internet money" *and* it has monetary vernacular ties to the past.

^ That's my two bits, at least.

[BTCat]

Call it LittleBits

[BurtW]

Is there anywhere else in the field of money that people use SI prefixes?

I have never heard of a kilodollar, megadollar, millidollar, etc.  Does any country use SI prefixes for their money?

[hello_good_sir]

Is there anywhere else in the field of money that people use SI prefixes?

I have never heard of a kilodollar, megadollar, millidollar, etc.  Does any country use SI prefixes for their money?

I'm pretty sure there there is no metric currency in the world.  If people actually wanted a metric currency they had a great opportunity: the creation of the Euro.  The fact that the Euro is not metric seems to be pretty strong evidence that the world will never have metric currency.

[LMGTFY]

It's going to simply be called "bit". Example: "That'll be 4550 bits for your coffee."

http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html

I don't know whether BitPay will succeed with this, but this is the way to gather real consensus and bring about change - if it's a popular change with BitPay users, those users will help spread it, other merchants will start using it.

[LMGTFY]

Is there anywhere else in the field of money that people use SI prefixes?

I have never heard of a kilodollar, megadollar, millidollar, etc.  Does any country use SI prefixes for their money?

Informally, "k" is a common nickname for thousand but most currencies predate metric (and even SI). One interesting exception is "cent" - the revolutionary zeal in the new-born US presumed that the metric system would catch on, and the proposed pefix for hundreds - "centi-" - was adopted for the hundredth division of a dollar - a year or two, I think, before France adopted metric.

[hello_good_sir]

Informally, "k" is a common nickname for thousand but most currencies predate metric (and even SI). One interesting exception is "cent" - the revolutionary zeal in the new-born US presumed that the metric system would catch on, and the proposed pefix for hundreds - "centi-" - was adopted for the hundredth division of a dollar - a year or two, I think, before France adopted metric.

The dollar is broken into cents, not centidollars.  The cent symbol is ¢ rather than c$.

The Euro had the opportunity to be a metric currency, but it isn't.

[hello_good_sir]

Please make sure to vote for two choices.  If you only voted for one you can go back and change your vote.

Voting for two choices helps build consensus.

[LMGTFY]

Informally, "k" is a common nickname for thousand but most currencies predate metric (and even SI). One interesting exception is "cent" - the revolutionary zeal in the new-born US presumed that the metric system would catch on, and the proposed pefix for hundreds - "centi-" - was adopted for the hundredth division of a dollar - a year or two, I think, before France adopted metric.

The dollar is broken into cents, not centidollars.  The cent symbol is ¢ rather than c$.

The Euro had the opportunity to be a metric currency, but it isn't.

Dollar: Yes, that's right. This predated the formal adoption of the metric system, and the centuries of revision that have followed. The first version of the metric system, the system adopted by France, used 1s and hundreds (an "are" was (is still) 100 square metres, for example).

Euro: the Euro uses cents (or "cent", according to Brussels) as the hundredth division of the Euro). But since the US dollar every currency has moved to a 10^x system - GBP was the last hold-out so far as I know.

[markj113]

centoshi

[findftp]

centoshi

we have a winner, please add to the choice list.

[zx81]

a dorian

https://i.imgur.com/Toslzb7.jpg

[DannyHamilton]

Most people who support unpopular choices will recognize that and start considering the more popular choices.

 

You must be new around here.

[TreasureSeeker]

centoshi

we have a winner, please add to the choice list.

Yes, that's my choice too.