Re: [Bitcoin-development] moving the default display to mbtc

[Un Ix <slashdevnull@hotmail.com>]

Think your example is not quite valid ...

People say or write $88M or $45k I.e. use SI prefix as a suffix, else it would be more, not less, clear on what amount is being referred to.

For me, "bits" are easy to say and one million as a factor is simple to understand.

M-bits, kilobits, millibits, etc are never going to be used by folk in everyday transactions, IMHO 

Gavin

> On 3/05/2014, at 10:40 am, "Luke Dashjr" <luke@dashjr.org> wrote:
> 
>> On Saturday, May 03, 2014 12:54:37 AM Ben Davenport wrote:
>> My only addition is that I think we should all stop trying to attach SI
>> prefixes to the currency unit. Name me another world currency that uses SI
>> prefixes. No one quotes amounts as 63 k$ or 3 M$. The accepted standard at
>> least in the US is <currency-symbol><amount><modifier>, i.e. $63k or $3M.
>> That may not be accepted form everywhere, but in any case it's an informal
>> format, not a formal one. The important point is there should be one base
>> unit that is not modified with SI prefixes. And I think the arguments are
>> strong for that unit being = 100 satoshi.
> 
> Huh? Your examples demonstrate the *opposite* of your point. 'k' and 'M' *are* 
> the SI prefixes. People *do* use 63k USD, $63k, and $3M. I'll be the first one 
> to admit SI is terrible, but I don't understand your argument here.
> 
> Luke
> 
> P.S. Note that SI units haven't actually ever been adopted, except by force of 
> law. "Name me ... that uses SI" is a silly thing to say, since virtually all 
> naturally-or-freely-adopted units of any measure have been based on a number 
> that factor to twos and threes (not fives, like decimal).
> 
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