From: Mike Caldwell <mcaldwell@swipeclock.com>
To: Un Ix <slashdevnull@hotmail.com>
Cc: Bitcoin Development <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] "bits": Unit of account
Date: Sun, 20 Apr 2014 23:34:55 -0400 [thread overview]
Message-ID: <5D3F5340-06B1-4F88-A817-B3606413B039@swipeclock.com> (raw)
In-Reply-To: <BLU402-EAS292E80B3A1FA891428B768C65E0@phx.gbl>
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If bit had to be preceded by a letter I would nominate "ebit" or "xbit" (which could still be XBT)
Those needing a definition for x could define it as "coin/1000000".
That said, I am still more in favor of "bit". Xbit would just solve the problems others cite about ambiguity if they had to be solved without the resulting name being too long.
Mike
Sent from my iPhone
On Apr 20, 2014, at 7:33 PM, "Un Ix" <slashdevnull@hotmail.com<mailto:slashdevnull@hotmail.com>> wrote:
Something tells me this would be reduced to a single syllable in common usage I.e. bit.
My 2 cents goes for "bit".
Because: Bitcoin is a digital currency, BTC starts with "bit", "bit" refers to a small amount of something in its regular english usage and lastly 99.9876543% of people on the planet don't know what a digital "bit" is yet ...
Gavin
On 21/04/2014, at 9:20 am, "Mike Caldwell" <mcaldwell@swipeclock.com<mailto:mcaldwell@swipeclock.com>> wrote:
My impression:
Good because it is short, memorable, and pronounceable by speakers of most languages (though to most of the world that would be oo-bit, as "u" being "yu" is mostly an English thing)
Downsides include the fact that μ is not a U, it just resembles one. It is a lowercase M in Greek, a live spoken language also studied by many, and calling it a U conveys a notion of global unawareness. And the potential for "XBT" to be 1e-6 BTC on the world stage would be huge, worth pursuing.
Mike
Sent from my iPhone
On Apr 20, 2014, at 6:16 PM, "Justin A" <allport@gmail.com<mailto:allport@gmail.com>> wrote:
<delurk>
What about "ubit", pronounced "YOU-bit", representing 1e-6 bitcoin? Easy to say, tied in a visual way to the metric micro, leaves the required 2 decimal places for the marginally numerate.. What more could one want?
</delurk>
Also, hi. My first post; plan to get involved over the southern hemisphere winter if I can learn enough.
On Apr 20, 2014 4:32 PM, "Mike Caldwell" <mcaldwell@swipeclock.com<mailto:mcaldwell@swipeclock.com>> wrote:
By culturally neutral I mean we avoid deliberately invoking a cultural reference in the name. For example "satoshi" would be a reference to Japanese culture just for being a common Japanese name regardless of who Satoshi turns out to be.
Mike
Sent from my iPhone
> On Apr 20, 2014, at 1:20 PM, "Christophe Biocca" <christophe.biocca@gmail.com<mailto:christophe.biocca@gmail.com>> wrote:
>
> Culturally neutral? "bit" in French phonetically collides with slang
> for phallus ("bitte", with a silent "e"). Apparently it means "louse"
> in Turkish as well.
>
> Not that this really would be avoidable with any short word (all the
> short possible words are usually taken), but it's not neutral.
>
>> On Sun, Apr 20, 2014 at 2:43 PM, Oliver Egginger <bitcoin@olivere.de<mailto:bitcoin@olivere.de>> wrote:
>> Hello,
>>
>> just my two 'cents':
>>
>> Terms arises by itself. Just as most people speak of coins when they
>> mean bitcoins. I do not see that bitcoin is currently in common use
>> except for speculation. Therefore no term for smaller units has
>> established yet. No problem in my eyes. Time will tell.
>>
>> - oliver
>>
>>
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next prev parent reply other threads:[~2014-04-21 3:35 UTC|newest]
Thread overview: 56+ messages / expand[flat|nested] mbox.gz Atom feed top
2014-04-20 12:35 [Bitcoin-development] "bits": Unit of account Mike Gehl
2014-04-20 13:15 ` Rob Golding
2014-04-20 14:28 ` Tamas Blummer
2014-04-20 14:52 ` Christophe Biocca
2014-04-21 8:52 ` Thomas Voegtlin
2014-04-21 9:34 ` Tamas Blummer
2014-04-22 14:55 ` Natanael
2014-04-20 14:53 ` Pieter Wuille
2014-04-20 15:05 ` Tamas Blummer
2014-04-20 15:50 ` Alan Reiner
2014-04-20 16:19 ` Chris Pacia
2014-04-20 16:27 ` Wladimir
2014-04-20 16:30 ` Chris Pacia
2014-04-22 13:51 ` Aaron Axvig
2014-04-23 9:44 ` Danny Hamilton
2014-04-23 9:56 ` Tamas Blummer
2014-04-23 11:48 ` Chris D'Costa
2014-04-20 16:23 ` Erik Garrison
2014-04-20 16:30 ` Alan Reiner
2014-04-20 16:56 ` Mike Caldwell
2014-04-20 17:47 ` Jannis Froese
2014-04-20 18:10 ` Pavol Rusnak
2014-04-20 17:42 ` Arne Brutschy
2014-04-20 18:11 ` Mike Caldwell
2014-04-20 18:22 ` Arne Brutschy
2014-04-20 18:34 ` Mike Caldwell
2014-04-20 18:43 ` Oliver Egginger
2014-04-20 19:19 ` Christophe Biocca
2014-04-20 19:32 ` Gmail
2014-04-20 20:28 ` Mike Caldwell
2014-04-21 0:16 ` Justin A
2014-04-21 1:18 ` Mike Caldwell
2014-04-21 1:33 ` Un Ix
2014-04-21 3:34 ` Mike Caldwell [this message]
2014-04-21 4:08 ` Christopher Paika
2014-04-21 5:41 ` Pieter Wuille
2014-04-21 5:51 ` Tamas Blummer
2014-04-21 6:21 ` Tamas Blummer
2014-04-21 12:14 ` Un Ix
2014-04-21 12:24 ` Tamas Blummer
2014-05-01 22:35 Aaron Voisine
2014-05-03 2:06 ` Gordon Mohr
2014-05-03 5:41 ` Aaron Voisine
2014-05-03 15:48 ` Christophe Biocca
2014-05-03 16:02 ` slush
2014-05-03 16:10 ` Tamas Blummer
2014-05-03 16:27 ` Mike Caldwell
2014-05-04 1:04 ` Chris Pacia
2014-05-04 5:18 ` Drak
2014-05-04 6:15 ` Aaron Voisine
2014-05-04 6:23 ` Un Ix
2014-05-04 6:27 ` Wladimir
2014-05-04 6:36 ` Tamas Blummer
2014-05-04 6:59 ` Wladimir
2014-05-04 14:42 ` Mike Caldwell
2014-05-05 22:33 ` Gordon Mohr
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