Talk:Universal Bitcoin

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Revision as of 20:08, 13 June 2011 by Luke-jr (talk | contribs) (→‎why?)
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why?

Sorry guys, maybe I don't get what you're trying to accomplish, but: Why would you want common fractions, like a sixth/eighth/ninth Bitcoin? Most currencies I know of use a hundredth, and I never heard anybody complaining there's not a San-Euro or Half-Euro denomination. We should stay with SI units: People all over the world use milli-meters, centi-meters, meters, and kilo-meters. It works, and even the dumbest apprentice at some point realizes that shifting zeroes is no black magic.

That would be mBTC, µBTC, nBTC. "milli", "micro" and "nano" wont hurt anybody. The transition will be slow enough for everyone to get their meaning.

I dont want to live to see the day when Alice tries to find out if her BitCoin-sans and Duni-BitCoins add up to get her something which is priced at one Centi-Bitcoin. --Fusselwurm 08:58, 13 June 2011 (GMT)

  • Bitcoin should strive to be superior to other currencies, not just the same (else why use it?).
  • The Dozenal/Tonal divisions/multiples are for users of those number systems, not for Decimal users (who should indeed stick to SI). Shifting zeros works the same no matter which number system is used.
  • If Alice is living in a decimal/SI culture, she should know how to convert whatever units she's using to her culture's system.
  • --Luke-jr 20:08, 13 June 2011 (GMT)
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