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Author Topic: is it official?  (Read 2589 times)
Beyonce
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October 25, 2014, 10:22:03 AM
 #21

Yes, it's official in kraken

But isn't Kraken just an exchange? That's much different than being internationally recognized as the official international code.

Bow down, bitches.
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lilin321
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October 25, 2014, 11:56:19 AM
 #22

Why Bitcoin Needs an ISO-Certified Currency Code

http://www.coindesk.com/bitcoin-needs-iso-certified-currency-code/


soon.
Thanks for your useful information. It's great news to me Smiley

what it said in the news? i can't open the link above

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October 25, 2014, 12:22:09 PM
 #23

Weird looking though, XBT instead of btc

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October 25, 2014, 12:30:16 PM
 #24

Weird looking though, XBT instead of btc

I agree although familiarity goes a long way towards combating the "weird looking" feeling.

Still, I might start using XBT instead of BTC, primarily because I like how, in contrast with USD, EUR, GBP, and CNY, the X serves as a constant reminder of Bitcoin's decentralisation.
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October 25, 2014, 03:20:07 PM
 #25

Some websites that let you convert different kind of currencies are already using XBT, some exchanges do, Bloomberg does.

Google is using BTC instead of XBT. Perhaps they will use XBT later.

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October 25, 2014, 10:04:57 PM
 #26

Weird looking though, XBT instead of btc

Have you tried contacting Chhophel Lam, yet? Maybe they would do us a little favour and officially adopt bitcoin in Bhutan, then we could have BTC as an official ISO code!


/joke Cheesy
segvec
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October 25, 2014, 10:19:49 PM
 #27

Lets stay on topic.
I do not believe it is official at this point.

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Ionchamp
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October 27, 2014, 12:17:44 PM
 #28

Who will say its official or not?
KingOfTrolls
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October 27, 2014, 08:04:37 PM
 #29

Who will say its official or not?

CNN Money




Who cares if it is "official"? And what does that even mean?

What actually matters is that it is used all over the place already, i.e. it is a de-facto standard! That's "official" enough, in my opinion.
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October 28, 2014, 01:43:25 PM
 #30

Who will say its official or not?

Official in this case is the most used symbol or symbol used by the most reputable trading/information services.
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October 28, 2014, 01:51:59 PM
 #31

First of all it is not a sign. It is a unit of measurement. And the question whether it will become official, i don't think so. The community certainly needs to agree with one voice

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October 28, 2014, 02:11:06 PM
 #32

BTC is the official symbol for Bitcoin.

XBT looks very confusing if used as Bitcoin symbol, looks more like one of the altcoin  Tongue


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October 28, 2014, 02:21:26 PM
 #33

Official as in approved by ISO, no.

Likely to become official, yes.

BTC is out of the game because non-country codes can only start with an X.

Therefore, currently running candidates are XBT and XBI with rare mentions of others. Before you suggest XBC, it's already taken by European Union (though not in active use any more). Trust me, once you get used to it, XBT sounds quite powerful, definitely more so than XBI. Smiley

Klestin
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October 28, 2014, 03:01:42 PM
 #34

IMO, the coindesk blog post makes a compelling case for XBT.  BTC cannot be the ISO moniker for Bitcoin, so there's no sense in pushing for it.  Just because XBT may become the ISO standard name for Bitcoin doesn't mean everyone has to use it all the time.  Do cashiers routinely state the total price in "USD"? No.
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October 28, 2014, 03:12:26 PM
 #35

Thanks a lot to litecoinguy who posted the link to the external article that presumably the OP was referring to implicitly.  I agree that given the rules of the currency monikers, bitcoin's would have to start with an X since it's not tied to any nation.  But yeah, folks who are worried that this would make the use of BTC go away can relax.  Remember. the nice thing about standards is that there are so many to choose from Smiley

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October 28, 2014, 09:26:13 PM
 #36

I'm not sure if I like XBT. Can't seem to put my finger on why...

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