Chris Pacia [ARCHIVE] on Nostr: 📅 Original date posted:2014-03-13 📝 Original message:I second the name 'bit' ...

📅 Original date posted:2014-03-13
📝 Original message:I second the name 'bit' for μBTC.
On Mar 13, 2014 11:19 AM, "Tamas Blummer" <tamas at bitsofproof.com> wrote:

> Jeff's arguments are understood and supported by those who worked in
> finance.
>
> Existing financial applications have often problems dealing with more than
> 2 decimals.
> People who work in finance are used to two decimals.
>
> Neither systems nor people in finance have a problem with large numbers
> though.
>
> For above practical reasons I am also for moving to a unit that equals 100
> satoshi.
> I heard the name bit for it which I like.
>
> Regards,
>
> Tamás Blummer
> Founder, CEO
> Bits of Proof
> http://bitsofproof.com
>
>
>
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