On 20.04.2014, at 16:53, Pieter Wuille <pieter.wuille@gmail.com> wrote:

I told him specifically to bring it here (on a pull request for
Bitcoin Core), as there is no point in making such convention changes
to just one client.

I wasn't aware of any discussion about the "bits" proposal here before.

On Sun, Apr 20, 2014 at 4:28 PM, Tamas Blummer <tamas@bitsofproof.com> wrote:

People on this list are mostly engineers who have no problem dealing with
magnitudes and have rather limited empathy for people who have a problem
with them.
They also tend to think, that because they invented money 2.0 they would not
need to care of finance's or people's current customs.

The importance of their decisions in these questions will fade as people
already use wallets other than the core.

Bring this particular discussion elsewhere, to the wallet developer.

BTW the topic was discussed here several times, you have my support and Jeff
Garzik's.

Regards,

Tamas Blummer
http://bitsofproof.com

On 20.04.2014, at 15:15, Rob Golding <rob.golding@astutium.com> wrote:

The average person is not going to be confident that the prefix they
are using is the correct one,

The use of any 'prefix' is one of choice and entirely unnecessary, and there
are already established 'divisions' in u/mBTC for those that feel they need
to use such things.

people WILL send 1000x more or less than
intended if we go down this road,

Exceptionally unlikely - I deal every day with currencies with 0, 2 and 3
dp's in amount ranging from 'under 1 whole unit' to tens of thousands - Not
once in 20 years has anyone ever 'sent' more or less than intended - oh,
they've 'intended' to underpay just fine, but never *unintended*.

I propose that users are offered a preference to denominate the
Bitcoin currency in a unit called a bit. Where one bitcoin (BTC)
equals one million bits (bits) and one bit equals 100 satoshis.

I propose that for people unable to understand what a bitcoin is, they can
just use satoshi's and drop this entire proposal.

Rob

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