From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-4.v43.ch3.sourceforge.com ([172.29.43.194] helo=mx.sourceforge.net) by sfs-ml-4.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1Vh5SD-0007uZ-Uh for bitcoin-development@lists.sourceforge.net; Thu, 14 Nov 2013 22:32:01 +0000 Received: from mail-ob0-f171.google.com ([209.85.214.171]) by sog-mx-4.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1Vh5SC-00048y-SI for bitcoin-development@lists.sourceforge.net; Thu, 14 Nov 2013 22:32:01 +0000 Received: by mail-ob0-f171.google.com with SMTP id gq1so2931443obb.2 for ; Thu, 14 Nov 2013 14:31:55 -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:cc:subject:references:in-reply-to:content-type :content-transfer-encoding; bh=qaFenOO5aJi7P7o8iUcJublrT2ITJlYkLt7c/SNcfy4=; b=Utiib3YHyI3Y3J5WJWtZ2knIGS7wfwwBkFmzuAAhTVnPFTg8KBrv2OrS8Qxur7tlob B3Yp4OiF9u3KFdzZzS/q4DOiotkusmmrrrA2jCd8z0tfxOz9BP34yiR7Sp9FEZ1qjhK/ pSv/S7mSlCqBg1PKPCuKXGqTUF3JweQkpM8xKzKXmNPCZcqDi/bbCMoOV7e60dcb8Wjy Z/VKFIofbJ5FlQhqNNuNrY2D5iS5JgWK7gzKQxHa+mdGPlVOd6GCI4OxKzWrLa0jgPhS s95hnZ30gp7aPxbgHO+Cpvc4TaotbO9qpUVwbyK/W8/1KsquXITPDBfHIovcs8cDmSZy r5Xw== X-Gm-Message-State: ALoCoQkECPZHB3EeAFTY8xyj4xZoWKxXkcx+q2F3vOKiCaqJUUoMUpZHQiSefcZpSAj5lMJa/OHJ X-Received: by 10.60.68.10 with SMTP id r10mr3905257oet.62.1384468315489; Thu, 14 Nov 2013 14:31:55 -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 z5sm7980912obg.13.2013.11.14.14.31.54 for (version=TLSv1 cipher=ECDHE-RSA-RC4-SHA bits=128/128); Thu, 14 Nov 2013 14:31:54 -0800 (PST) Message-ID: <52854F59.9000500@monetize.io> Date: Thu, 14 Nov 2013 14:31:53 -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: Jeff Garzik References: <52852C2D.9020103@gmail.com> <52853D8A.6010501@monetize.io> In-Reply-To: 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: gpgtools.org] X-Headers-End: 1Vh5SC-00048y-SI Cc: bitcoin-development@lists.sourceforge.net 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 22:32:02 -0000 -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 Whoops, this was meant for the list: Drawing on analogues from national currencies, it's also possible to alleviate the confusion by switching currency symbols, e.g. to XBT or NBC (New Bitcoin). 1 XBC == 1 uBTC On 11/14/13 2:03 PM, Jeff Garzik wrote: > Go straight to uBTC. Humans and existing computer systems handle > numbers to the left of the decimals just fine (HK Dollars, Yen). > The opposite is untrue (QuickBooks really does not like 3+ decimal > places). > > - Jeff > > On Nov 14, 2013 4:40 PM, "Mark Friedenbach" > wrote: > > 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 -----BEGIN PGP SIGNATURE----- Version: GnuPG/MacGPG2 v2.0.19 (Darwin) Comment: GPGTools - http://gpgtools.org Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/ iQIcBAEBAgAGBQJShU9YAAoJEAdzVfsmodw4svUP/1THaWdSoy+/J1Z4QcuoEC5T Lxyu5uN6d1TRb/fxZ1VQI+FJgRjJTT2zIBrk9lJHBuvYy6Gq6JUjHQZHbC7lhr9Q nDwM76LFOWPR0PDC9JLIeiDbkIimrARUjrKIMUJYCpQWHfLOZssWjDmLhAucAYcF gmObw+9M2fR7Xh7X2qOQt+xXWyAeeqCur2EClV+xNnhcyQXyXl2R9qdCF5ugy7k1 nmHhMYap7q8TP2yrH/SloEGor56DICamVNnB91HOiN/QY9fZD0To6+RTJDsu/CR3 01hRS+5JNVEQIBQ7cCxAO7kRxcxf9aDabEdS24r/alpuMg7/32wz/EqCSCqQtSnq MlvKifF5Bh+Y0hSNbNKdFMSes6fOhoLkl87ugKCkH8FQjI8rev3ke79tGKK92m01 kmSBuzazwjVDNS/wwhPunkaiBaEAtzo1VCilibjjqLQEWdUBdsawsdlLDYb13mQD xPxDTKB2TR33Iri+mvdAai8qrLGHJUDDLVs5N0uK+tHbxqgznCkQ3NSINtuwFRLk L1Usvr3XNSc0Jh7lHfPP+voE1TAYsDD3DXmT0eAmIXXzo1E4J2UKzhI+M7kJM8M9 qSzbC3TExmijd9LrOYdVX3Ab+LP6XDSPym4rBb0mAH8DOxKmFOYrNIwURnmGwJFA jZi0WrHXHpg3ThXP8Jdj =J7x7 -----END PGP SIGNATURE-----