From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-2.v43.ch3.sourceforge.com ([172.29.43.192] helo=mx.sourceforge.net) by sfs-ml-4.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1Vh4e8-0005M3-7K for bitcoin-development@lists.sourceforge.net; Thu, 14 Nov 2013 21:40:16 +0000 Received: from mail-ob0-f179.google.com ([209.85.214.179]) by sog-mx-2.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1Vh4e6-00079a-PA for bitcoin-development@lists.sourceforge.net; Thu, 14 Nov 2013 21:40:16 +0000 Received: by mail-ob0-f179.google.com with SMTP id wn1so2853749obc.38 for ; Thu, 14 Nov 2013 13:40:09 -0800 (PST) X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:message-id:date:from:organization:user-agent :mime-version:to:subject:references:in-reply-to:content-type :content-transfer-encoding; bh=hGOoWrTN7d/+0JntJoxGVd0DDyIbLwLFt24CR855/PE=; b=PQZCs4jwHJnsBcCEjE6M028tHJlwSXOWWe8pg38MVJsXvH91P1Pu8sgOFT0LRsNiwl +J1z10LX9oKHJGUZsEe1DTQ61mQCVAqsQBhGGiO0ia2ud497Nin+asUWY9h6plpNRBe8 767xHQ2QBrQBU4TxSGo/ejfnFx/PoMe4YjWdvSt0gcF5LG91Mfn4flPddnCAcvSK2J6w KXMZRie8LllbRXIDr5+SZMMuiPiGUVUd/FH2+iwho/SrMT1yZ09VxkR2n0rM8Te7X9CJ RwQc/CHuxtkZ2j3yC2AaQHKE0zgEhFnlhojW16CuIjJGeuMlsIBtcYefB7dNNF1u0TUo XFZg== X-Gm-Message-State: ALoCoQnWNbkjTvYHAMWVS/gCGj2zCE8ypel+5+jDaQLfpp8F4w5atjEpC3get803HSJaqq5Juy+y X-Received: by 10.182.49.166 with SMTP id v6mr3509748obn.13.1384463760847; Thu, 14 Nov 2013 13:16:00 -0800 (PST) Received: from [192.168.1.118] (adsl-71-131-180-41.dsl.sntc01.pacbell.net. [71.131.180.41]) by mx.google.com with ESMTPSA id f2sm9604216oes.3.2013.11.14.13.15.58 for (version=TLSv1 cipher=ECDHE-RSA-RC4-SHA bits=128/128); Thu, 14 Nov 2013 13:16:00 -0800 (PST) Message-ID: <52853D8A.6010501@monetize.io> Date: Thu, 14 Nov 2013 13:15:54 -0800 From: Mark Friedenbach Organization: Monetize.io Inc. User-Agent: Mozilla/5.0 (Macintosh; Intel Mac OS X 10.8; rv:24.0) Gecko/20100101 Thunderbird/24.1.0 MIME-Version: 1.0 To: bitcoin-development@lists.sourceforge.net References: <52852C2D.9020103@gmail.com> In-Reply-To: <52852C2D.9020103@gmail.com> X-Enigmail-Version: 1.6 Content-Type: text/plain; charset=ISO-8859-1 Content-Transfer-Encoding: 7bit X-Spam-Score: 0.0 (/) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#dnsbl-block for more information. [URIs: enigmail.net] X-Headers-End: 1Vh4e6-00079a-PA Subject: Re: [Bitcoin-development] moving the default display to mbtc X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Thu, 14 Nov 2013 21:40:16 -0000 -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 For this reason I'm in favor of skipping mBTC and moving straight to uBTC. Having eight, or even five decimal places is not intuitive to the average user. Two decimal places is becoming standard for new national currencies, and we wouldn't be too far from human scale everyday numbers: 25.00uBTC ~= $0.01 currently. And I don't think very many people on this list would consider bitcoin overvalued in the long term perspective. Better to go through a confusing renumbering only once. Mark On 11/14/13 12:01 PM, Alan Reiner wrote: > ... I'm also of the opinion that it's freakin' hard to change the > base unit in such an established system. There is no easy way to > do this that doesn't cause more heartache than it's worth... -----BEGIN PGP SIGNATURE----- Version: GnuPG/MacGPG2 v2.0.19 (Darwin) Comment: GPGTools - http://gpgtools.org Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/ iQIcBAEBAgAGBQJShT2JAAoJEAdzVfsmodw4DXAQAIJTNbpwBGTXuFyaxXQULf20 hMs7OlQZSOZOdsmSiPv2augxzbpa2DhhZjiosrScSBCjxMeYd4S6WgTt/b8moAYR HD8pm88JyCKDOd7bOmzTkgDOTBBFfH+islmOY9VTdeKGHeOHH6yyLMKwnUpa+S89 4YtdzlIXAtfT37dpR5E4cHPmAYCbrRsNOB6j5ohVl2VqRou2vkwoJr/YvaW54M8i ucIZyai2qjNWyJLcZC9QWi9Yw/W/n9QYE2mHyL0qWNaIrZVn6WGty8KpYq+i7aeU 4N4UdtLT7FAhWYec9nmEec868WsUsd+H3/WSWViMinUKO4YA3cyxWDL7MTmTRsci g0R4WGYCzMM3cEWz5ycf5KEBPH/nDlbqFmEartTffqKXgrK5Ohhw+28Iqw5KcDX8 SVx34lw2yHWmTeIMY8d3qYKqBdcsvixDUD3xvq+ZqEIa+bZw12s4LIzqmir84TB8 fB4bdq5GddXX0PK4pboXL+Nib0OVK72YgYnVs/ejlBmeiG8Ixoz4/ygR5MHm8jcw tSiwH0xohOJWg3lJj0vZorubXoECcOqwPzsZkwnT9irbrvOuk2jCPvrkEC8U9fgA XHgirStS49/lI/iUWrRchoTt5iuwG18G4+E81V/DMsrSkYlipuf2DlEXiapn3hWz ccP053+6o5Rgpc7J1aa0 =QW1i -----END PGP SIGNATURE-----