Good news! Gavin Andresen: I think everybody should switch to talking in "bits"

[101111]

http://www.reddit.com/r/Bitcoin/comments/2jw5pm/im_gavin_andresen_chief_scientist_at_the_bitcoin/clfqrlg

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[KingOfTrolls]

So what?

Gavin is an expert on technology, not language.


https://yourlogicalfallacyis.com/appeal-to-authority

[BitCoinNutJob]

If everyone does it it works... we need all trading sites to list in bits for starters but it gets awkward if you pricing alt coins in bits, everyone has to change.

[101111]

So what?

Gavin is an expert on technology, not language.


https://yourlogicalfallacyis.com/appeal-to-authority

Nice try, but you need to brush up a bit. Gavin is one of the top thought leaders in the Bitcoin space; as well as Chief Scientist, he's also a published writer and entrepreneur.

And what do you mean, 'so what'? That your own opinion counts for more than his? (That's what it sounds like). You think you can so easily dismiss his opinion? I got news for you, compared to him no one cares what you think.

Furthermore, this is not about something that is or is not true, it's about an opinion.

Appeal to Authority Fallacy: because an authority thinks something, it must therefore be true.

It's important to note that this fallacy should not be used to dismiss the claims of experts, or scientific consensus. Appeals to authority are not valid arguments, but nor is it reasonable to disregard the claims of experts who have a demonstrated depth of knowledge unless one has a similar level of understanding and/or access to empirical evidence. However it is, entirely possible that the opinion of a person or institution of authority is wrong; therefore the authority that such a person or institution holds does not have any intrinsic bearing upon whether their claims are true or not.

Consider yourself fortunate to get educated on something you did not know (I've got a soft spot for all bitcoiners no matter how recalcitrant), but by all means keep to your own opinion about bits if you wish.

[BitmoreCoin]

I think every one else has to change to bits.

[lyth0s]

"bits" still have too low of a value in my opinion.

I really don't want to have to speak in units of $0.000386, that really just seems more messy than speaking in whole bitcoins for now.

[101111]

"bits" still have too low of a value in my opinion.

I really don't want to have to speak in units of $0.000386, that really just seems more messy than speaking in whole bitcoins for now.

You might have reversed the logic. A switch to bits would remove the messy 0.000 etc. Eg a coffee might cost 1,000 bits.

[turvarya]

So what?

Gavin is an expert on technology, not language.


https://yourlogicalfallacyis.com/appeal-to-authority

Nice try, but you need to brush up a bit. Gavin is one of the top thought leaders in the Bitcoin space; as well as Chief Scientist, he's also a published writer and entrepreneur.

And what do you mean, 'so what'? That your own opinion counts for more than his? (That's what it sounds like). You think you can so easily dismiss his opinion? I got news for you, compared to him no one cares what you think.

Furthermore, this is not about something that is or is not true, it's about an opinion.

Appeal to Authority Fallacy: because an authority thinks something, it must therefore be true.

It's important to note that this fallacy should not be used to dismiss the claims of experts, or scientific consensus. Appeals to authority are not valid arguments, but nor is it reasonable to disregard the claims of experts who have a demonstrated depth of knowledge unless one has a similar level of understanding and/or access to empirical evidence. However it is, entirely possible that the opinion of a person or institution of authority is wrong; therefore the authority that such a person or institution holds does not have any intrinsic bearing upon whether their claims are true or not.

Consider yourself fortunate to get educated on something you did not know (I've got a soft spot for all bitcoiners no matter how recalcitrant), but by all means keep to your own opinion about bits if you wish.

What part of

Gavin is an expert on technology, not language.

didn't you understand?

[madmat]

I like the idea of using bits. But i am french, and in french "bit" and "bits" are pronounced as "bite", which means "cock"

[Towlie]

I like the idea of using bits. But i am french, and in french "bit" and "bits" are pronounced as "bite", which means "cock"

So how do you pronounce Bitcoins? Bitecoins, which means cockcoins? 

[Aswan]

Using a 100 satoshi denomination might work, but I don't think it should be called "bits".

[turvarya]

I like the idea of using bits. But i am french, and in french "bit" and "bits" are pronounced as "bite", which means "cock"

Avez-vous un bit à part?

[101111]

So what?

Gavin is an expert on technology, not language.


https://yourlogicalfallacyis.com/appeal-to-authority

Nice try, but you need to brush up a bit. Gavin is one of the top thought leaders in the Bitcoin space; as well as Chief Scientist, he's also a published writer and entrepreneur.

And what do you mean, 'so what'? That your own opinion counts for more than his? (That's what it sounds like). You think you can so easily dismiss his opinion? I got news for you, compared to him no one cares what you think.

Furthermore, this is not about something that is or is not true, it's about an opinion.

Appeal to Authority Fallacy: because an authority thinks something, it must therefore be true.

It's important to note that this fallacy should not be used to dismiss the claims of experts, or scientific consensus. Appeals to authority are not valid arguments, but nor is it reasonable to disregard the claims of experts who have a demonstrated depth of knowledge unless one has a similar level of understanding and/or access to empirical evidence. However it is, entirely possible that the opinion of a person or institution of authority is wrong; therefore the authority that such a person or institution holds does not have any intrinsic bearing upon whether their claims are true or not.

Consider yourself fortunate to get educated on something you did not know (I've got a soft spot for all bitcoiners no matter how recalcitrant), but by all means keep to your own opinion about bits if you wish.

What part of

Gavin is an expert on technology, not language.

didn't you understand?

What's your point?

[Fat Ronaldo]

When he says bits does he mean a satoshi or some other denomination. I really prefer just satoshi for the smallest amount.

[Q7]

Well it's ironic that i was reading through the topic talking about standardization with ISO. Adoption of bits will align with this requirement. Maybe that is what Gavin saw or trying to relate to

[bitcoin_purist]

Why switch to bits when there is already "satoshi" as a unit?

[duke1839]

Why switch to bits when there is already "satoshi" as a unit?

satoshi
bit
millibit
bitcoin

I think the good news is that by switching to bits many of us become multi-millionaires instantly 

[p2pbucks]

  yes , gavin is right , if we want more ppl use bitcoin , the unit(1 bitcoin) might be too large for normal users .
satoshi (10^-8) is too small , so changing to bits sounds a good idea .

[Febo]

Why switch to bits when there is already "satoshi" as a unit?

satoshi
bit
millibit
bitcoin

I think the good news is that by switching to bits many of us become multi-millionaires instantly 

satoshi
bit = mike
millibit
bitcoin

[franky1]

Why switch to bits when there is already "satoshi" as a unit?

why have nickels and dimes if we have cents
why have grams and ounces when we can use microtonnes
why have babies toddlers and teenagers when we can use "biologically combined omni-clones at pre-mature status"

answer... because it makes life easier