As someone who has put a lot of thought into how to best help typical everyday 
people understand bitcoin, I strongly favor 1 bit = 1e-6 BTC as being very 
straightforward to explain to non technical types, and also XBT as one "bit".  
"There are a million bits in a bit coin" is highly intelligible to average 

I consider overload/conflict with existing meanings of "bit" as a non-issue for 
typical population at large. 


Sent from my iPhone

> On Apr 20, 2014, at 10:31 AM, "Alan Reiner" <> wrote:
> Whatever we call it. I'm happy to support it as long as it's 1e-6.

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