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Author Topic: Good news! Gavin Andresen: I think everybody should switch to talking in "bits"  (Read 3838 times)
Elwar
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November 04, 2014, 02:28:20 PM
 #61


Far from disagreeing with you, I just want to highlight that mBTC is not a word.  It seems people use it as if it were a word quite frequently and I'm wondering how many bitcoiners are reading this in their heads as "em-bee-tee-cee" *shudder*. 

Millies.

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jabo38
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November 04, 2014, 02:30:24 PM
 #62

I live in Korea and if I buy a cup of coffee it costs, 5,000 won.  For me to switch to a cup of coffee being 15,000 bits is much much more natural that .015 bitcoins.  

A nice dinner on the town might cost 100,000 bits.  It is very natural.  Yes, it is big numbers, but lots of countries are already using big numbers.

BitmoreCoin
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November 04, 2014, 02:50:23 PM
 #63

I live in Korea and if I buy a cup of coffee it costs, 5,000 won.  For me to switch to a cup of coffee being 15,000 bits is much much more natural that .015 bitcoins.  

A nice dinner on the town might cost 100,000 bits.  It is very natural.  Yes, it is big numbers, but lots of countries are already using big numbers.
110.99 bits is better than 0.00011099 BTC.
Gavin Andresen
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November 04, 2014, 02:50:43 PM
 #64

If "bits" continues to gain in popularity and support, then my support will eventually follow naturally.  I have tremendous respect for network effects and, after all, language is for communicating.

I'd also slightly prefer 'mikes', but consensus is for 'bits' among the people who will actually Make This So (the big merchants/exchanges).

How often do you get the chance to work on a potentially world-changing project?
teukon
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November 04, 2014, 03:00:16 PM
 #65


Far from disagreeing with you, I just want to highlight that mBTC is not a word.  It seems people use it as if it were a word quite frequently and I'm wondering how many bitcoiners are reading this in their heads as "em-bee-tee-cee" *shudder*. 

Millies.

Yeah, it seems there are quite a few nicknames for this unit.  I just started a poll to find out what people are saying these days.
wesk1212
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November 04, 2014, 03:22:56 PM
 #66

Next time when walmart have buy1get1free deal why dont u call that a good news too. Wow this community looks silly now..

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November 04, 2014, 08:52:16 PM
 #67

This is a year too late. When "Bitcoin was going to the moon", maybe it mattered. Now, not so much.
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