> The average person is not going to be confident that the prefix they > are using is the correct one,
The use of any 'prefix' is one of choice and entirely unnecessary, and there are already established 'divisions' in u/mBTC for those that feel they need to use such things. > people WILL send 1000x more or less than > intended if we go down this road, Exceptionally unlikely - I deal every day with currencies with 0, 2 and 3 dp's in amount ranging from 'under 1 whole unit' to tens of thousands - Not once in 20 years has anyone ever 'sent' more or less than intended - oh, they've 'intended' to underpay just fine, but never *unintended*. > I propose that users are offered a preference to denominate the > Bitcoin currency in a unit called a bit. Where one bitcoin (BTC) > equals one million bits (bits) and one bit equals 100 satoshis. I propose that for people unable to understand what a bitcoin is, they can just use satoshi's and drop this entire proposal. Rob ------------------------------------------------------------------------------ Learn Graph Databases - Download FREE O'Reilly Book "Graph Databases" is the definitive new guide to graph databases and their applications. Written by three acclaimed leaders in the field, this first edition is now available. Download your free book today! http://p.sf.net/sfu/NeoTech _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
