Would bitcoin benefit if MtGox changed its standard unit of account to bitcents?

[amincd]

I think that, due to habit, dealing with decimal fractions is more difficult for the average person than dealing with whole numbers, so given that bitcoins are now worth $10 each, and that only 21 million bitcoins will ever be generated, I think switching the main unit of account to bitcents could have huge benefits for the bitcoin economy. It would mean the average purchase would deal largely with whole numbers (e.g. 14.53 bitcents) rather than decimals (e.g. 0.1453 bitcoins).

Another benefit is that the value of a bitcent is more similar to that of the main unit of account of most currencies, which are valued at close to par with the US dollar or much lower (e.g. the Yen or Won), so people will be less likely to perceive bitcoin as over-priced when its main unit of account is worth 10 cents.

Thoughts?

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[fivemileshigh]

Too early. I think we should look into that somewhere north of $100/btc.

[fatigue]

Too early. I think we should look into that somewhere north of $100/btc.

I agree completely. Pose this question in a few years and the results may be tilted in the opposite direction.

[bg002h]

I think we should stick with milli and micro and skip the centi.

[fivemileshigh]

I think we should stick with milli and micro and skip the centi.

I agree!

[gbl08ma]

Too early. I think we should look into that somewhere north of $100/btc.

This

I think we should stick with milli and micro and skip the centi.

...and this