Tamas,
"xbit" is only a typo or spelling error away from "XBT", and some folks may
assume they refer to the same unit of measure, not knowing the new currency
system as developers here do.
From your email, I got the idea of using "x" as a suffix at the end of a number
of bits e.g. 17500x, like cents or centavos. I guess this might clash with
formal S.I. notation but it's easy to read and has less ambiguity, IMHO.
> On 21/04/2014, at 2:21 pm, "Tamas Blummer" <ta...@bitsofproof.com> wrote:
>
> Here is one to please those looking for a “fully qualified” slang word, that
> links with the official XBT:
>
> xbit (spoken: ex-bit) would rationalise XBT (where X comes from supranational
> use) and is unique.
>
> I personally associate from x to six also supporting the 1e-6 divisor of
> Bitcoin.
>
> Regarding XBT: No matter who used it for what. The way Bloomberg will use it
> will define its use in finance,
> and since that did not happen yet, we are not late to shape.
>
> Regards,
>
> Tamas Blummer
> http://bitsofproof.com
>
>> On 21.04.2014, at 07:41, Pieter Wuille <pieter.wui...@gmail.com> wrote:
>>
>>
>> On Apr 21, 2014 3:37 AM, "Un Ix" <slashdevn...@hotmail.com> wrote:
>> >
>> > Something tells me this would be reduced to a single syllable in common
>> > usage I.e. bit.
>>
>> What units will be called colloquially is not something developers will
>> determine. It will vary, depend on language and culture, and is not relevant
>> to this discussion in my opinion.
>>
>> It may well be that people in some geographic or language area will end up
>> (or for a while) calling 1e-06 BTC "bits". That's fine, but using that as
>> "official" name in software would be very strange and potentially confusing
>> in my opinion. As mentioned by others, that would seem to me like calling
>> dollars "bucks" in bank software. Nobody seems to have a problem with having
>> colloquial names, but "US dollar" or "euro" are far less ambiguous than
>> "bit". I think we need a more distinctive name.
>>
>> --
>> Pieter
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