📅 Original date posted:2014-04-20 📝 Original message:-----BEGIN PGP SIGNED ...

Jannis Froese [ARCHIVE] /

npub1gp7…w74h

2023-06-07 15:19:00

in reply to nevent1q…4u40

📅 Original date posted:2014-04-20
📝 Original message:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

I agree that a unit based on 1e-6 BTC is easier to use in practice
than BTC. The name microbitcoin is ok-ish. Nearly all countries
officially use the SI-system, but that doesn't mean that the average
citizen knows all the SI prefixes. Mega, kilo and milli are
universally understood, micro not so much. This is a serious
accessibility concern.

But I dislike the term bit for the already stated reasons: It's
already used in various languages for various things. Simply using
Satoshis may be easier and is universally understood.
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Author Public Key

npub1gp724v02m99tjv8vre2karzlh3l5zgm8upk7juqtp598ewh2hx3quzw74h

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Published at

2023-06-07 15:19:00

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1 Short Text Note

Event JSON

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