Re: [Bitcoin-development] "bits": Unit of account

[Un Ix <slashdevnull@hotmail.com>]

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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> 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> 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> 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> 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> 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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