Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Andreas Schildbach
btw. None of Bitcoin Wallet's users complained about confusion because
of the mBTC switch. In contrast, I get many mails and questions if
exchange rates happen to differ by 10%.

I suspect nobody looks at the Bitcoin price. It's the amount in local
currency that matters to the users.


On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
 Indeed. And users were crying for mBTC. Nobody was asking for µBTC.
 
 I must admit I was not aware if this thread. I just watched other
 wallets and at some point decided its time to switch to mBTC.
 
 
 On 03/13/2014 02:31 PM, Mike Hearn wrote:
 The standard has become mBTC and that's what was adopted. It's too late
 to try and sway this on a mailing list thread now.


 On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe g.r...@froot.co.uk
 mailto:g.r...@froot.co.uk wrote:

 The MultiBit HD view is that this is a locale-sensitive presentation
 issue. As a result we offer a simple configuration panel giving
 pretty much every possible combination: icon, m+icon,  μ+icon, BTC,
 mBTC,  μBTC, XBT, mXBT,  μXBT, sat along with settings for
 leading/trailing symbol, commas, spaces and points. This allows
 anyone to customise to meet their own needs beyond the offered default. 

 We apply the NIST guidelines for representation of SI unit symbols
 (i.e no conversion to native language, no RTL giving icon+m etc).

 Right now MultiBit HD is configured to use m+icon taken from the
 Font Awesome icon set. However reading earlier posts it seems
 that μ+icon is more sensible. 

 Let us know what you'd like.

 Links:
 m+icon screenshot: http://imgur.com/a/WCDoG
 Font Awesome icon: http://fortawesome.github.io/Font-Awesome/icon/btc/
 NIST SI guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html


 On 13 March 2014 12:56, Jeff Garzik jgar...@bitpay.com
 mailto:jgar...@bitpay.com wrote:

 Resurrecting this topic.  Bitcoin Wallet moved to mBTC several weeks
 ago, which was disappointing -- it sounded like the consensus was
 uBTC, and moving to uBTC later --which will happen-- may result in
 additional user confusion, thanks to yet another decimal place
 transition.



 On Sun, Nov 17, 2013 at 9:28 PM, Wendell w...@grabhive.com
 mailto:w...@grabhive.com wrote:
  We're with uBTC too. Been waiting for the signal to do this,
 let's do it right after the fee system is improved.
 
  -wendell
 
  grabhive.com http://grabhive.com | twitter.com/hivewallet
 http://twitter.com/hivewallet | gpg: 6C0C9411
 
  On Nov 15, 2013, at 6:03 AM, Jeff Garzik wrote:
 
  Go straight to uBTC. Humans and existing computer systems
 handle numbers to
  the left of the decimals just fine (HK Dollars, Yen). The
 opposite is
  untrue (QuickBooks really does not like 3+ decimal places).
 



 --
 Jeff Garzik
 Bitcoin core developer and open source evangelist
 BitPay, Inc.  https://bitpay.com/

 
 --
 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/13534_NeoTech
 ___
 Bitcoin-development mailing list
 Bitcoin-development@lists.sourceforge.net
 mailto:Bitcoin-development@lists.sourceforge.net
 https://lists.sourceforge.net/lists/listinfo/bitcoin-development



 
 --
 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/13534_NeoTech
 ___
 Bitcoin-development mailing list
 Bitcoin-development@lists.sourceforge.net
 mailto:Bitcoin-development@lists.sourceforge.net
 https://lists.sourceforge.net/lists/listinfo/bitcoin-development




 --
 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/13534_NeoTech



 ___
 Bitcoin-development mailing list
 

Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Tamas Blummer
You give them a hard to interpret thing like mBTC and then wonder why
they rather look at local currency. Because the choices you gave them are bad.

I think Bitcoin would have a better chance to be percieved as a currency
of its own if it had prices and fractions like currencies do. 

3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits would be.


Tamas Blummer
Bits of Proof

On 14.03.2014, at 15:05, Andreas Schildbach andr...@schildbach.de wrote:

 btw. None of Bitcoin Wallet's users complained about confusion because
 of the mBTC switch. In contrast, I get many mails and questions if
 exchange rates happen to differ by 10%.
 
 I suspect nobody looks at the Bitcoin price. It's the amount in local
 currency that matters to the users.
 
 
 On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
 Indeed. And users were crying for mBTC. Nobody was asking for µBTC.
 
 I must admit I was not aware if this thread. I just watched other
 wallets and at some point decided its time to switch to mBTC.
 
 
 On 03/13/2014 02:31 PM, Mike Hearn wrote:
 The standard has become mBTC and that's what was adopted. It's too late
 to try and sway this on a mailing list thread now.
 
 
 On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe g.r...@froot.co.uk
 mailto:g.r...@froot.co.uk wrote:
 
The MultiBit HD view is that this is a locale-sensitive presentation
issue. As a result we offer a simple configuration panel giving
pretty much every possible combination: icon, m+icon,  μ+icon, BTC,
mBTC,  μBTC, XBT, mXBT,  μXBT, sat along with settings for
leading/trailing symbol, commas, spaces and points. This allows
anyone to customise to meet their own needs beyond the offered default. 
 
We apply the NIST guidelines for representation of SI unit symbols
(i.e no conversion to native language, no RTL giving icon+m etc).
 
Right now MultiBit HD is configured to use m+icon taken from the
Font Awesome icon set. However reading earlier posts it seems
that μ+icon is more sensible. 
 
Let us know what you'd like.
 
Links:
m+icon screenshot: http://imgur.com/a/WCDoG
Font Awesome icon: http://fortawesome.github.io/Font-Awesome/icon/btc/
NIST SI guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html
 
 
On 13 March 2014 12:56, Jeff Garzik jgar...@bitpay.com
mailto:jgar...@bitpay.com wrote:
 
Resurrecting this topic.  Bitcoin Wallet moved to mBTC several weeks
ago, which was disappointing -- it sounded like the consensus was
uBTC, and moving to uBTC later --which will happen-- may result in
additional user confusion, thanks to yet another decimal place
transition.
 
 
 
On Sun, Nov 17, 2013 at 9:28 PM, Wendell w...@grabhive.com
mailto:w...@grabhive.com wrote:
 We're with uBTC too. Been waiting for the signal to do this,
let's do it right after the fee system is improved.
 
 -wendell
 
 grabhive.com http://grabhive.com | twitter.com/hivewallet
http://twitter.com/hivewallet | gpg: 6C0C9411
 
 On Nov 15, 2013, at 6:03 AM, Jeff Garzik wrote:
 
 Go straight to uBTC. Humans and existing computer systems
handle numbers to
 the left of the decimals just fine (HK Dollars, Yen). The
opposite is
 untrue (QuickBooks really does not like 3+ decimal places).
 
 
 
 
--
Jeff Garzik
Bitcoin core developer and open source evangelist
BitPay, Inc.  https://bitpay.com/
 

 --
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/13534_NeoTech
___
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
mailto:Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development
 
 
 

 --
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/13534_NeoTech
___
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
mailto:Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development
 
 
 
 
 --
 Learn Graph Databases - Download FREE O'Reilly Book
 Graph Databases is 

Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Roy Badami
On Fri, Mar 14, 2014 at 03:05:25PM +0100, Andreas Schildbach wrote:
 btw. None of Bitcoin Wallet's users complained about confusion because
 of the mBTC switch. In contrast, I get many mails and questions if
 exchange rates happen to differ by 10%.

At the moment, I imagine the vast majority of Bitcoin users are
familliar with SI units and know what milli- and micro- mean.

I doubt that is true of the general population, though.

roy

--
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/13534_NeoTech
___
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development


Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Tamas Blummer
you miss the point Andreas. It is not about the magnitude but about
the form of a price.

A number with no decimals or with two decimals is percieved as a
price in some currency. 

A number with more than two decimals is just not percieved as a price
but as a geeky something that you rather convert to local currency.

Tamas Blummer
Bits of Proof

On 14.03.2014, at 15:49, Andreas Schildbach andr...@schildbach.de wrote:

 How much do you pay for an Espresso in your local currency?
 
 At least for the Euro and the Dollar, mBTC 3.56 is very close to what
 people would expect. Certainly more familiar than µBTC 3558 or BTC
 0.003578.
 
 Anyway, I was just sharing real-world experience: nobody is confused.
 
 
 On 03/14/2014 03:14 PM, Tamas Blummer wrote:
 You give them a hard to interpret thing like mBTC and then wonder
 why they rather look at local currency. Because the choices you
 gave them are bad.
 
 I think Bitcoin would have a better chance to be percieved as a
 currency of its own if it had prices and fractions like currencies
 do.
 
 3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits
 would be.
 
 
 Tamas Blummer Bits of Proof
 
 On 14.03.2014, at 15:05, Andreas Schildbach andr...@schildbach.de
 wrote:
 
 btw. None of Bitcoin Wallet's users complained about confusion
 because of the mBTC switch. In contrast, I get many mails and
 questions if exchange rates happen to differ by 10%.
 
 I suspect nobody looks at the Bitcoin price. It's the amount in
 local currency that matters to the users.
 
 
 On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
 Indeed. And users were crying for mBTC. Nobody was asking for
 µBTC.
 
 I must admit I was not aware if this thread. I just watched
 other wallets and at some point decided its time to switch to
 mBTC.
 
 
 On 03/13/2014 02:31 PM, Mike Hearn wrote:
 The standard has become mBTC and that's what was adopted.
 It's too late to try and sway this on a mailing list thread
 now.
 
 
 On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe
 g.r...@froot.co.uk mailto:g.r...@froot.co.uk wrote:
 
 The MultiBit HD view is that this is a locale-sensitive
 presentation issue. As a result we offer a simple
 configuration panel giving pretty much every possible
 combination: icon, m+icon,  μ+icon, BTC, mBTC,  μBTC, XBT,
 mXBT,  μXBT, sat along with settings for leading/trailing
 symbol, commas, spaces and points. This allows anyone to
 customise to meet their own needs beyond the offered default.
 
 
 We apply the NIST guidelines for representation of SI unit
 symbols (i.e no conversion to native language, no RTL giving
 icon+m etc).
 
 Right now MultiBit HD is configured to use m+icon taken from
 the Font Awesome icon set. However reading earlier posts it
 seems that μ+icon is more sensible.
 
 Let us know what you'd like.
 
 Links: m+icon screenshot: http://imgur.com/a/WCDoG Font
 Awesome icon:
 http://fortawesome.github.io/Font-Awesome/icon/btc/ NIST SI
 guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html
 
 
 On 13 March 2014 12:56, Jeff Garzik jgar...@bitpay.com 
 mailto:jgar...@bitpay.com wrote:
 
 Resurrecting this topic.  Bitcoin Wallet moved to mBTC
 several weeks ago, which was disappointing -- it sounded like
 the consensus was uBTC, and moving to uBTC later --which will
 happen-- may result in additional user confusion, thanks to
 yet another decimal place transition.
 
 
 
 On Sun, Nov 17, 2013 at 9:28 PM, Wendell w...@grabhive.com 
 mailto:w...@grabhive.com wrote:
 We're with uBTC too. Been waiting for the signal to do
 this,
 let's do it right after the fee system is improved.
 
 -wendell
 
 grabhive.com http://grabhive.com |
 twitter.com/hivewallet
 http://twitter.com/hivewallet | gpg: 6C0C9411
 
 On Nov 15, 2013, at 6:03 AM, Jeff Garzik wrote:
 
 Go straight to uBTC. Humans and existing computer
 systems
 handle numbers to
 the left of the decimals just fine (HK Dollars, Yen).
 The
 opposite is
 untrue (QuickBooks really does not like 3+ decimal
 places).
 
 
 
 
 -- Jeff Garzik Bitcoin core developer and open source
 evangelist BitPay, Inc.  https://bitpay.com/
 
 --
 
 
 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/13534_NeoTech 
 ___ 
 Bitcoin-development mailing list 
 Bitcoin-development@lists.sourceforge.net 
 mailto:Bitcoin-development@lists.sourceforge.net 
 https://lists.sourceforge.net/lists/listinfo/bitcoin-development
 
 
 
 
 
 --
 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
 

Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Andreas Schildbach
By that definition 3.56 is a price. Maybe I misunderstood you and you're
lobbying for mBTC?


On 03/14/2014 03:57 PM, Tamas Blummer wrote:
 you miss the point Andreas. It is not about the magnitude but about
 the form of a price.
 
 A number with no decimals or with two decimals is percieved as a
 price in some currency. 
 
 A number with more than two decimals is just not percieved as a price
 but as a geeky something that you rather convert to local currency.
 
 Tamas Blummer
 Bits of Proof
 
 On 14.03.2014, at 15:49, Andreas Schildbach andr...@schildbach.de
 mailto:andr...@schildbach.de wrote:
 
 How much do you pay for an Espresso in your local currency?

 At least for the Euro and the Dollar, mBTC 3.56 is very close to what
 people would expect. Certainly more familiar than µBTC 3558 or BTC
 0.003578.

 Anyway, I was just sharing real-world experience: nobody is confused.


 On 03/14/2014 03:14 PM, Tamas Blummer wrote:
 You give them a hard to interpret thing like mBTC and then wonder
 why they rather look at local currency. Because the choices you
 gave them are bad.

 I think Bitcoin would have a better chance to be percieved as a
 currency of its own if it had prices and fractions like currencies
 do.

 3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits
 would be.


 Tamas Blummer Bits of Proof

 On 14.03.2014, at 15:05, Andreas Schildbach andr...@schildbach.de
 mailto:andr...@schildbach.de
 wrote:

 btw. None of Bitcoin Wallet's users complained about confusion
 because of the mBTC switch. In contrast, I get many mails and
 questions if exchange rates happen to differ by 10%.

 I suspect nobody looks at the Bitcoin price. It's the amount in
 local currency that matters to the users.


 On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
 Indeed. And users were crying for mBTC. Nobody was asking for
 µBTC.

 I must admit I was not aware if this thread. I just watched
 other wallets and at some point decided its time to switch to
 mBTC.


 On 03/13/2014 02:31 PM, Mike Hearn wrote:
 The standard has become mBTC and that's what was adopted.
 It's too late to try and sway this on a mailing list thread
 now.


 On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe
 g.r...@froot.co.uk mailto:g.r...@froot.co.uk
 mailto:g.r...@froot.co.uk wrote:

 The MultiBit HD view is that this is a locale-sensitive
 presentation issue. As a result we offer a simple
 configuration panel giving pretty much every possible
 combination: icon, m+icon,  μ+icon, BTC, mBTC,  μBTC, XBT,
 mXBT,  μXBT, sat along with settings for leading/trailing
 symbol, commas, spaces and points. This allows anyone to
 customise to meet their own needs beyond the offered default.


 We apply the NIST guidelines for representation of SI unit
 symbols (i.e no conversion to native language, no RTL giving
 icon+m etc).

 Right now MultiBit HD is configured to use m+icon taken from
 the Font Awesome icon set. However reading earlier posts it
 seems that μ+icon is more sensible.

 Let us know what you'd like.

 Links: m+icon screenshot: http://imgur.com/a/WCDoG Font
 Awesome icon:
 http://fortawesome.github.io/Font-Awesome/icon/btc/ NIST SI
 guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html


 On 13 March 2014 12:56, Jeff Garzik jgar...@bitpay.com
 mailto:jgar...@bitpay.com
 mailto:jgar...@bitpay.com wrote:

 Resurrecting this topic.  Bitcoin Wallet moved to mBTC
 several weeks ago, which was disappointing -- it sounded like
 the consensus was uBTC, and moving to uBTC later --which will
 happen-- may result in additional user confusion, thanks to
 yet another decimal place transition.



--
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/13534_NeoTech
___
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development


Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Tamas Blummer
I think you want to misunderstand me Andreas.

It is astonishing arrogance to define the units because we in Bitcoin are used 
to
some wierd notation and ignore that the vast majority of population and 
 financial software in existence does not have a notion of prices
with more than two decimals.

With 1 bit = 100 satoshi, we would solve this problem for good. 
Instead mBTC is a confusing step in-between.

Tamas Blummer
http://bitsofproof.com

On 14.03.2014, at 16:02, Andreas Schildbach andr...@schildbach.de wrote:

 By that definition 3.56 is a price. Maybe I misunderstood you and you're
 lobbying for mBTC?
 
 
 On 03/14/2014 03:57 PM, Tamas Blummer wrote:
 you miss the point Andreas. It is not about the magnitude but about
 the form of a price.
 
 A number with no decimals or with two decimals is percieved as a
 price in some currency. 
 
 A number with more than two decimals is just not percieved as a price
 but as a geeky something that you rather convert to local currency.
 
 Tamas Blummer
 Bits of Proof
 
 On 14.03.2014, at 15:49, Andreas Schildbach andr...@schildbach.de
 mailto:andr...@schildbach.de wrote:
 
 How much do you pay for an Espresso in your local currency?
 
 At least for the Euro and the Dollar, mBTC 3.56 is very close to what
 people would expect. Certainly more familiar than µBTC 3558 or BTC
 0.003578.
 
 Anyway, I was just sharing real-world experience: nobody is confused.
 
 
 On 03/14/2014 03:14 PM, Tamas Blummer wrote:
 You give them a hard to interpret thing like mBTC and then wonder
 why they rather look at local currency. Because the choices you
 gave them are bad.
 
 I think Bitcoin would have a better chance to be percieved as a
 currency of its own if it had prices and fractions like currencies
 do.
 
 3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits
 would be.
 
 
 Tamas Blummer Bits of Proof
 
 On 14.03.2014, at 15:05, Andreas Schildbach andr...@schildbach.de
 mailto:andr...@schildbach.de
 wrote:
 
 btw. None of Bitcoin Wallet's users complained about confusion
 because of the mBTC switch. In contrast, I get many mails and
 questions if exchange rates happen to differ by 10%.
 
 I suspect nobody looks at the Bitcoin price. It's the amount in
 local currency that matters to the users.
 
 
 On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
 Indeed. And users were crying for mBTC. Nobody was asking for
 µBTC.
 
 I must admit I was not aware if this thread. I just watched
 other wallets and at some point decided its time to switch to
 mBTC.
 
 
 On 03/13/2014 02:31 PM, Mike Hearn wrote:
 The standard has become mBTC and that's what was adopted.
 It's too late to try and sway this on a mailing list thread
 now.
 
 
 On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe
 g.r...@froot.co.uk mailto:g.r...@froot.co.uk
 mailto:g.r...@froot.co.uk wrote:
 
 The MultiBit HD view is that this is a locale-sensitive
 presentation issue. As a result we offer a simple
 configuration panel giving pretty much every possible
 combination: icon, m+icon,  μ+icon, BTC, mBTC,  μBTC, XBT,
 mXBT,  μXBT, sat along with settings for leading/trailing
 symbol, commas, spaces and points. This allows anyone to
 customise to meet their own needs beyond the offered default.
 
 
 We apply the NIST guidelines for representation of SI unit
 symbols (i.e no conversion to native language, no RTL giving
 icon+m etc).
 
 Right now MultiBit HD is configured to use m+icon taken from
 the Font Awesome icon set. However reading earlier posts it
 seems that μ+icon is more sensible.
 
 Let us know what you'd like.
 
 Links: m+icon screenshot: http://imgur.com/a/WCDoG Font
 Awesome icon:
 http://fortawesome.github.io/Font-Awesome/icon/btc/ NIST SI
 guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html
 
 
 On 13 March 2014 12:56, Jeff Garzik jgar...@bitpay.com
 mailto:jgar...@bitpay.com
 mailto:jgar...@bitpay.com wrote:
 
 Resurrecting this topic.  Bitcoin Wallet moved to mBTC
 several weeks ago, which was disappointing -- it sounded like
 the consensus was uBTC, and moving to uBTC later --which will
 happen-- may result in additional user confusion, thanks to
 yet another decimal place transition.
 
 
 
 --
 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/13534_NeoTech
 ___
 Bitcoin-development mailing list
 Bitcoin-development@lists.sourceforge.net
 https://lists.sourceforge.net/lists/listinfo/bitcoin-development



signature.asc
Description: Message signed with OpenPGP using GPGMail
--
Learn Graph Databases - Download FREE O'Reilly Book
Graph Databases is the definitive new guide to 

Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Tyler
You give them a hard to interpret thing like mBTC and then wonder why
they rather look at local currency. Because the choices you gave them are
bad.

I don't think this is particularly true. The options people are given are
all good in this case and all have their merits. The reason people are
converting to fiat using the exchange rates is because right now the
exchanges define its value. People have no intuitive idea that a loaf of
bread cost X BTC. This isn't going to change anytime soon.

In my opinion it doesn't really matter what denomination you use.  If we
switched to micro we would have 3 extra digits we would be working with on
a daily basis which have very little significance. But thats just a western
point of view and people could adapt.

The real problems are that millibitcoin and microbitcoin are hard to say
loud and the both start with 'm' not too many people have a mu key on their
keyboard. Even Bitcoin is not nice to say. it has two very hard sounds
together in the middle of the word.

It would be far easier if we had a system like one ham is 1000 bits, one
bacon is 1000 hams.

Clearly a ridiculous example but try saying and you'll realize how much
easier it is to describe things not that they are clearly differentiable
words that are easy to say.

I like bits as the lowest one. But its not something you can decide. The
common names will have to develop naturally and in all likelihood will
differ between regions (I know I know we must keep it standardized but what
might be easy to say in North America probably isn't as easy elsewhere.)

So give people the options (Let them transact on their own terms). I would
say restrict it to BTC milli and micro in the settings that will help nudge
people towards even different regions simply having different names for the
same quantity as opposed to some place having 10 hams as a pixie.


On 14 March 2014 10:14, Tamas Blummer ta...@bitsofproof.com wrote:

 You give them a hard to interpret thing like mBTC and then wonder why
 they rather look at local currency. Because the choices you gave them are
 bad.

 I think Bitcoin would have a better chance to be percieved as a currency
 of its own if it had prices and fractions like currencies do.

 3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits would be.


 Tamas Blummer
 Bits of Proof

 On 14.03.2014, at 15:05, Andreas Schildbach andr...@schildbach.de wrote:

  btw. None of Bitcoin Wallet's users complained about confusion because
  of the mBTC switch. In contrast, I get many mails and questions if
  exchange rates happen to differ by 10%.
 
  I suspect nobody looks at the Bitcoin price. It's the amount in local
  currency that matters to the users.
 
 
  On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
  Indeed. And users were crying for mBTC. Nobody was asking for µBTC.
 
  I must admit I was not aware if this thread. I just watched other
  wallets and at some point decided its time to switch to mBTC.
 
 
  On 03/13/2014 02:31 PM, Mike Hearn wrote:
  The standard has become mBTC and that's what was adopted. It's too late
  to try and sway this on a mailing list thread now.
 
 
  On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe g.r...@froot.co.uk
  mailto:g.r...@froot.co.uk wrote:
 
 The MultiBit HD view is that this is a locale-sensitive presentation
 issue. As a result we offer a simple configuration panel giving
 pretty much every possible combination: icon, m+icon,  μ+icon, BTC,
 mBTC,  μBTC, XBT, mXBT,  μXBT, sat along with settings for
 leading/trailing symbol, commas, spaces and points. This allows
 anyone to customise to meet their own needs beyond the offered
 default.
 
 We apply the NIST guidelines for representation of SI unit symbols
 (i.e no conversion to native language, no RTL giving icon+m etc).
 
 Right now MultiBit HD is configured to use m+icon taken from the
 Font Awesome icon set. However reading earlier posts it seems
 that μ+icon is more sensible.
 
 Let us know what you'd like.
 
 Links:
 m+icon screenshot: http://imgur.com/a/WCDoG
 Font Awesome icon:
 http://fortawesome.github.io/Font-Awesome/icon/btc/
 NIST SI guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html
 
 
 On 13 March 2014 12:56, Jeff Garzik jgar...@bitpay.com
 mailto:jgar...@bitpay.com wrote:
 
 Resurrecting this topic.  Bitcoin Wallet moved to mBTC several
 weeks
 ago, which was disappointing -- it sounded like the consensus
 was
 uBTC, and moving to uBTC later --which will happen-- may result
 in
 additional user confusion, thanks to yet another decimal place
 transition.
 
 
 
 On Sun, Nov 17, 2013 at 9:28 PM, Wendell w...@grabhive.com
 mailto:w...@grabhive.com wrote:
  We're with uBTC too. Been waiting for the signal to do this,
 let's do it right after the fee system is improved.
 
  -wendell
 
  grabhive.com http://grabhive.com | twitter.com/hivewallet
 

Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Andreas Schildbach
I don't know about financial software.

I really don't get what you mean by weird notation? Bitcoin Wallet is
made for ordinary users. They are used to real-world prices like EUR
1.63 / USD 2.26 (that would be the Espresso example). How can mBTC 3.56
be weird to these people?

Granted, there are exceptions, like in Japan. Maybe those would be
better served with µBTC as default. Maybe. Up to now, outside of this
mailing list nobody requested µBTC. Then again, Japanese userbase is
tiny compared to US.


On 03/14/2014 04:12 PM, Tamas Blummer wrote:
 I think you want to misunderstand me Andreas.
 
 It is astonishing arrogance to define the units because we in Bitcoin
 are used to
 some wierd notation and ignore that the vast majority of population and 
  financial software in existence does not have a notion of prices
 with more than two decimals.
 
 With 1 bit = 100 satoshi, we would solve this problem for good. 
 Instead mBTC is a confusing step in-between.
 
 Tamas Blummer
 http://bitsofproof.com
 
 On 14.03.2014, at 16:02, Andreas Schildbach andr...@schildbach.de
 mailto:andr...@schildbach.de wrote:
 
 By that definition 3.56 is a price. Maybe I misunderstood you and you're
 lobbying for mBTC?


 On 03/14/2014 03:57 PM, Tamas Blummer wrote:
 you miss the point Andreas. It is not about the magnitude but about
 the form of a price.

 A number with no decimals or with two decimals is percieved as a
 price in some currency.

 A number with more than two decimals is just not percieved as a price
 but as a geeky something that you rather convert to local currency.

 Tamas Blummer
 Bits of Proof

 On 14.03.2014, at 15:49, Andreas Schildbach andr...@schildbach.de
 mailto:andr...@schildbach.de
 mailto:andr...@schildbach.de wrote:

 How much do you pay for an Espresso in your local currency?

 At least for the Euro and the Dollar, mBTC 3.56 is very close to what
 people would expect. Certainly more familiar than µBTC 3558 or BTC
 0.003578.

 Anyway, I was just sharing real-world experience: nobody is confused.


 On 03/14/2014 03:14 PM, Tamas Blummer wrote:
 You give them a hard to interpret thing like mBTC and then wonder
 why they rather look at local currency. Because the choices you
 gave them are bad.

 I think Bitcoin would have a better chance to be percieved as a
 currency of its own if it had prices and fractions like currencies
 do.

 3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits
 would be.


 Tamas Blummer Bits of Proof

 On 14.03.2014, at 15:05, Andreas Schildbach andr...@schildbach.de
 mailto:andr...@schildbach.de
 mailto:andr...@schildbach.de
 wrote:

 btw. None of Bitcoin Wallet's users complained about confusion
 because of the mBTC switch. In contrast, I get many mails and
 questions if exchange rates happen to differ by 10%.

 I suspect nobody looks at the Bitcoin price. It's the amount in
 local currency that matters to the users.


 On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
 Indeed. And users were crying for mBTC. Nobody was asking for
 µBTC.

 I must admit I was not aware if this thread. I just watched
 other wallets and at some point decided its time to switch to
 mBTC.


 On 03/13/2014 02:31 PM, Mike Hearn wrote:
 The standard has become mBTC and that's what was adopted.
 It's too late to try and sway this on a mailing list thread
 now.


 On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe
 g.r...@froot.co.uk mailto:g.r...@froot.co.uk
 mailto:g.r...@froot.co.uk
 mailto:g.r...@froot.co.uk wrote:

 The MultiBit HD view is that this is a locale-sensitive
 presentation issue. As a result we offer a simple
 configuration panel giving pretty much every possible
 combination: icon, m+icon,  μ+icon, BTC, mBTC,  μBTC, XBT,
 mXBT,  μXBT, sat along with settings for leading/trailing
 symbol, commas, spaces and points. This allows anyone to
 customise to meet their own needs beyond the offered default.


 We apply the NIST guidelines for representation of SI unit
 symbols (i.e no conversion to native language, no RTL giving
 icon+m etc).

 Right now MultiBit HD is configured to use m+icon taken from
 the Font Awesome icon set. However reading earlier posts it
 seems that μ+icon is more sensible.

 Let us know what you'd like.

 Links: m+icon screenshot: http://imgur.com/a/WCDoG Font
 Awesome icon:
 http://fortawesome.github.io/Font-Awesome/icon/btc/ NIST SI
 guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html


 On 13 March 2014 12:56, Jeff Garzik jgar...@bitpay.com
 mailto:jgar...@bitpay.com
 mailto:jgar...@bitpay.com
 mailto:jgar...@bitpay.com wrote:

 Resurrecting this topic.  Bitcoin Wallet moved to mBTC
 several weeks ago, which was disappointing -- it sounded like
 the consensus was uBTC, and moving to uBTC later --which will
 happen-- may result in additional user confusion, thanks to
 yet another decimal place transition.



 --
 Learn Graph Databases - Download FREE O'Reilly Book
 Graph 

Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Alex Morcos
I think Mark makes some good arguments.
I realize this would only add to the confusion, but...
What if we did relabel 100 satoshis to be some new kind of unit (bit or
whatever else), with a proper 3 letter code, and then from a user
standpoint, where people are using mBTC, they could switch to using Kbits
(ok thats obviously bad, but you get the idea) at the same nominal price.
 But accounting backends and so forth would operate in the bit base unit
with 2 decimals of precision.




On Fri, Mar 14, 2014 at 12:01 PM, Mark Friedenbach m...@monetize.io wrote:

 A cup of coffee in Tokyo costs about 55 yen. You see similar magnitude
 numbers in both Chinas, Thailand, and other economically important East
 Asian countries. Expect to pay hundreds of rupees in India, or thousands
 of rupees in Indonesia.

 This concept that money should have low, single digits for everyday
 prices is not just Western-centric, it's English-centric. An expresso in
 Rome would have cost you a few (tens of?) thousand lira in recent
 memory. It was pegging of the Euro to the U.S. dollar that brought
 European states in line with the English-speaking world (who themselves
 trace lineage to the pound sterling).

 No, there is no culturally-neutral common standards for currency and
 pricing. But there are ill-advised, ill-informed standards in
 accounting software that we nevertheless must live with. These software
 packages do not handle more than two decimal places gracefully. That
 gives technical justifications for moving to either uBTC or accounting
 in Satoshis directly. An argument for uBTC is that it retains alignment
 with the existing kBTC/BTC/mBTC/uBTC conventions.

 However another limitation of these accounting software practices is
 that they do not always handle SI notation very well, particularly
 sub-unit prefixes. By relabeling uBTC to be a new three-digit symbol
 (XBT, XBC, IBT, NBC, or whatever--I really don't care), we are now fully
 compliant with any software accounting package out there.

 We are still very, very early in the adoption period. These are changes
 that could be made now simply by a few big players and/or the bitcoin
 foundation changing their practice and their users following suit.

 On 03/14/2014 07:49 AM, Andreas Schildbach wrote:
  How much do you pay for an Espresso in your local currency?
 
  At least for the Euro and the Dollar, mBTC 3.56 is very close to what
  people would expect. Certainly more familiar than µBTC 3558 or BTC
  0.003578.
 
  Anyway, I was just sharing real-world experience: nobody is confused.
 
 
  On 03/14/2014 03:14 PM, Tamas Blummer wrote:
  You give them a hard to interpret thing like mBTC and then wonder
  why they rather look at local currency. Because the choices you
  gave them are bad.
 
  I think Bitcoin would have a better chance to be percieved as a
  currency of its own if it had prices and fractions like currencies
  do.
 
  3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits
  would be.
 
 
  Tamas Blummer Bits of Proof
 
  On 14.03.2014, at 15:05, Andreas Schildbach andr...@schildbach.de
  wrote:
 
  btw. None of Bitcoin Wallet's users complained about confusion
  because of the mBTC switch. In contrast, I get many mails and
  questions if exchange rates happen to differ by 10%.
 
  I suspect nobody looks at the Bitcoin price. It's the amount in
  local currency that matters to the users.
 
 
  On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
  Indeed. And users were crying for mBTC. Nobody was asking for
  µBTC.
 
  I must admit I was not aware if this thread. I just watched
  other wallets and at some point decided its time to switch to
  mBTC.
 
 
  On 03/13/2014 02:31 PM, Mike Hearn wrote:
  The standard has become mBTC and that's what was adopted.
  It's too late to try and sway this on a mailing list thread
  now.
 
 
  On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe
  g.r...@froot.co.uk mailto:g.r...@froot.co.uk wrote:
 
  The MultiBit HD view is that this is a locale-sensitive
  presentation issue. As a result we offer a simple
  configuration panel giving pretty much every possible
  combination: icon, m+icon,  μ+icon, BTC, mBTC,  μBTC, XBT,
  mXBT,  μXBT, sat along with settings for leading/trailing
  symbol, commas, spaces and points. This allows anyone to
  customise to meet their own needs beyond the offered default.
 
 
  We apply the NIST guidelines for representation of SI unit
  symbols (i.e no conversion to native language, no RTL giving
  icon+m etc).
 
  Right now MultiBit HD is configured to use m+icon taken from
  the Font Awesome icon set. However reading earlier posts it
  seems that μ+icon is more sensible.
 
  Let us know what you'd like.
 
  Links: m+icon screenshot: http://imgur.com/a/WCDoG Font
  Awesome icon:
  http://fortawesome.github.io/Font-Awesome/icon/btc/ NIST SI
  guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html
 
 
  On 13 March 2014 12:56, Jeff Garzik jgar...@bitpay.com
  mailto:jgar...@bitpay.com 

Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Andrew Smith
Well, not sure I wanted to subscribe the mbtc vs ubtc list... its a
default, not a big deal.
--
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/13534_NeoTech___
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development


Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Ricardo Filipe
so much discussion for a visual update...

make this a user experiment:
-give the user the possibility to use BTC/mBTC/uMTC
-retrieve the results after some time
-make the default the most used option


2014-03-14 16:15 GMT+00:00 Alex Morcos mor...@gmail.com:
 I think Mark makes some good arguments.
 I realize this would only add to the confusion, but...
 What if we did relabel 100 satoshis to be some new kind of unit (bit or
 whatever else), with a proper 3 letter code, and then from a user
 standpoint, where people are using mBTC, they could switch to using Kbits
 (ok thats obviously bad, but you get the idea) at the same nominal price.
 But accounting backends and so forth would operate in the bit base unit
 with 2 decimals of precision.




 On Fri, Mar 14, 2014 at 12:01 PM, Mark Friedenbach m...@monetize.io wrote:

 A cup of coffee in Tokyo costs about 55 yen. You see similar magnitude
 numbers in both Chinas, Thailand, and other economically important East
 Asian countries. Expect to pay hundreds of rupees in India, or thousands
 of rupees in Indonesia.

 This concept that money should have low, single digits for everyday
 prices is not just Western-centric, it's English-centric. An expresso in
 Rome would have cost you a few (tens of?) thousand lira in recent
 memory. It was pegging of the Euro to the U.S. dollar that brought
 European states in line with the English-speaking world (who themselves
 trace lineage to the pound sterling).

 No, there is no culturally-neutral common standards for currency and
 pricing. But there are ill-advised, ill-informed standards in
 accounting software that we nevertheless must live with. These software
 packages do not handle more than two decimal places gracefully. That
 gives technical justifications for moving to either uBTC or accounting
 in Satoshis directly. An argument for uBTC is that it retains alignment
 with the existing kBTC/BTC/mBTC/uBTC conventions.

 However another limitation of these accounting software practices is
 that they do not always handle SI notation very well, particularly
 sub-unit prefixes. By relabeling uBTC to be a new three-digit symbol
 (XBT, XBC, IBT, NBC, or whatever--I really don't care), we are now fully
 compliant with any software accounting package out there.

 We are still very, very early in the adoption period. These are changes
 that could be made now simply by a few big players and/or the bitcoin
 foundation changing their practice and their users following suit.

 On 03/14/2014 07:49 AM, Andreas Schildbach wrote:
  How much do you pay for an Espresso in your local currency?
 
  At least for the Euro and the Dollar, mBTC 3.56 is very close to what
  people would expect. Certainly more familiar than µBTC 3558 or BTC
  0.003578.
 
  Anyway, I was just sharing real-world experience: nobody is confused.
 
 
  On 03/14/2014 03:14 PM, Tamas Blummer wrote:
  You give them a hard to interpret thing like mBTC and then wonder
  why they rather look at local currency. Because the choices you
  gave them are bad.
 
  I think Bitcoin would have a better chance to be percieved as a
  currency of its own if it had prices and fractions like currencies
  do.
 
  3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits
  would be.
 
 
  Tamas Blummer Bits of Proof
 
  On 14.03.2014, at 15:05, Andreas Schildbach andr...@schildbach.de
  wrote:
 
  btw. None of Bitcoin Wallet's users complained about confusion
  because of the mBTC switch. In contrast, I get many mails and
  questions if exchange rates happen to differ by 10%.
 
  I suspect nobody looks at the Bitcoin price. It's the amount in
  local currency that matters to the users.
 
 
  On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
  Indeed. And users were crying for mBTC. Nobody was asking for
  µBTC.
 
  I must admit I was not aware if this thread. I just watched
  other wallets and at some point decided its time to switch to
  mBTC.
 
 
  On 03/13/2014 02:31 PM, Mike Hearn wrote:
  The standard has become mBTC and that's what was adopted.
  It's too late to try and sway this on a mailing list thread
  now.
 
 
  On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe
  g.r...@froot.co.uk mailto:g.r...@froot.co.uk wrote:
 
  The MultiBit HD view is that this is a locale-sensitive
  presentation issue. As a result we offer a simple
  configuration panel giving pretty much every possible
  combination: icon, m+icon,  μ+icon, BTC, mBTC,  μBTC, XBT,
  mXBT,  μXBT, sat along with settings for leading/trailing
  symbol, commas, spaces and points. This allows anyone to
  customise to meet their own needs beyond the offered default.
 
 
  We apply the NIST guidelines for representation of SI unit
  symbols (i.e no conversion to native language, no RTL giving
  icon+m etc).
 
  Right now MultiBit HD is configured to use m+icon taken from
  the Font Awesome icon set. However reading earlier posts it
  seems that μ+icon is more sensible.
 
  Let us know what you'd like.
 
  Links: m+icon 

Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Allen Piscitello
Fairly useless experiment, since the vast majority of users will almost
always stay at the default.  The winner will always be whatever was
selected as the default initially.  This might work if the default was
randomly chosen, and you see what actually annoyed users enough to switch
off of it most often.


On Fri, Mar 14, 2014 at 11:51 AM, Ricardo Filipe
ricardojdfil...@gmail.comwrote:

 so much discussion for a visual update...

 make this a user experiment:
 -give the user the possibility to use BTC/mBTC/uMTC
 -retrieve the results after some time
 -make the default the most used option


 2014-03-14 16:15 GMT+00:00 Alex Morcos mor...@gmail.com:
  I think Mark makes some good arguments.
  I realize this would only add to the confusion, but...
  What if we did relabel 100 satoshis to be some new kind of unit (bit or
  whatever else), with a proper 3 letter code, and then from a user
  standpoint, where people are using mBTC, they could switch to using Kbits
  (ok thats obviously bad, but you get the idea) at the same nominal price.
  But accounting backends and so forth would operate in the bit base unit
  with 2 decimals of precision.
 
 
 
 
  On Fri, Mar 14, 2014 at 12:01 PM, Mark Friedenbach m...@monetize.io
 wrote:
 
  A cup of coffee in Tokyo costs about 55 yen. You see similar magnitude
  numbers in both Chinas, Thailand, and other economically important East
  Asian countries. Expect to pay hundreds of rupees in India, or thousands
  of rupees in Indonesia.
 
  This concept that money should have low, single digits for everyday
  prices is not just Western-centric, it's English-centric. An expresso in
  Rome would have cost you a few (tens of?) thousand lira in recent
  memory. It was pegging of the Euro to the U.S. dollar that brought
  European states in line with the English-speaking world (who themselves
  trace lineage to the pound sterling).
 
  No, there is no culturally-neutral common standards for currency and
  pricing. But there are ill-advised, ill-informed standards in
  accounting software that we nevertheless must live with. These software
  packages do not handle more than two decimal places gracefully. That
  gives technical justifications for moving to either uBTC or accounting
  in Satoshis directly. An argument for uBTC is that it retains alignment
  with the existing kBTC/BTC/mBTC/uBTC conventions.
 
  However another limitation of these accounting software practices is
  that they do not always handle SI notation very well, particularly
  sub-unit prefixes. By relabeling uBTC to be a new three-digit symbol
  (XBT, XBC, IBT, NBC, or whatever--I really don't care), we are now fully
  compliant with any software accounting package out there.
 
  We are still very, very early in the adoption period. These are changes
  that could be made now simply by a few big players and/or the bitcoin
  foundation changing their practice and their users following suit.
 
  On 03/14/2014 07:49 AM, Andreas Schildbach wrote:
   How much do you pay for an Espresso in your local currency?
  
   At least for the Euro and the Dollar, mBTC 3.56 is very close to what
   people would expect. Certainly more familiar than µBTC 3558 or BTC
   0.003578.
  
   Anyway, I was just sharing real-world experience: nobody is confused.
  
  
   On 03/14/2014 03:14 PM, Tamas Blummer wrote:
   You give them a hard to interpret thing like mBTC and then wonder
   why they rather look at local currency. Because the choices you
   gave them are bad.
  
   I think Bitcoin would have a better chance to be percieved as a
   currency of its own if it had prices and fractions like currencies
   do.
  
   3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits
   would be.
  
  
   Tamas Blummer Bits of Proof
  
   On 14.03.2014, at 15:05, Andreas Schildbach andr...@schildbach.de
   wrote:
  
   btw. None of Bitcoin Wallet's users complained about confusion
   because of the mBTC switch. In contrast, I get many mails and
   questions if exchange rates happen to differ by 10%.
  
   I suspect nobody looks at the Bitcoin price. It's the amount in
   local currency that matters to the users.
  
  
   On 03/13/2014 02:40 PM, Andreas Schildbach wrote:
   Indeed. And users were crying for mBTC. Nobody was asking for
   µBTC.
  
   I must admit I was not aware if this thread. I just watched
   other wallets and at some point decided its time to switch to
   mBTC.
  
  
   On 03/13/2014 02:31 PM, Mike Hearn wrote:
   The standard has become mBTC and that's what was adopted.
   It's too late to try and sway this on a mailing list thread
   now.
  
  
   On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe
   g.r...@froot.co.uk mailto:g.r...@froot.co.uk wrote:
  
   The MultiBit HD view is that this is a locale-sensitive
   presentation issue. As a result we offer a simple
   configuration panel giving pretty much every possible
   combination: icon, m+icon,  μ+icon, BTC, mBTC,  μBTC, XBT,
   mXBT,  μXBT, sat along with settings for 

Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread vv01f
I think
* if we change to mBTC because your state currencys price for bitcoin
make this a valid option we will change again in future
* users do not like changes
* we should keep a good standard

A good standard should be
* built on standards (e.g. SI)
* backed by best practice: never force the user to take an option he
cannot change
* do not make changes without users permission
* take care of users at fault when entering 5.967 ot should be pointed
out before sending that e.g.
the sw understood 5967.000 000 00 BTC
instead of 5.967 000 00 BTC
because the user failed to use the correct delimiter.

For now a good standard is
* simply bitcoin as BTC with eight decimal places
or could be
* uBTC as SI prefix, probably using XBT as a symbol for compatibility
with other software
* satoshis (w. SI prefixes if numbers are to big) for regions where
decimal places in prices are uncommon

So I'd prefer:
Make the choice transparent to users and set a standard that the user
alway should be empowered to use all available decimal places.
And there should be a set of official test-cases for wallet software and
the desired behavior.

--
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/13534_NeoTech
___
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development


Re: [Bitcoin-development] Physical key / edge detection software and PIN to generate private key

2014-03-14 Thread Brooks Boyd
On Thu, Mar 13, 2014 at 9:38 PM, Jack Scott jack.scott.pub...@gmail.comwrote:

 BIP: XX
 Title: Physical key / edge detection software and PIN to generate a
 Bitcoin private key
 Author: Jack Scott
 Status: Idea
 Type: Standard Track
 Created: 13-3-2014

 Abstract:
 A method is proposed to generate a Bitcoin private key by using a physical
 key in conjunction with image recognition software and a PIN.  Use edge
 detection software applied to incoming video feed to convert the shape of a
 physical key into an equation that describes the key.  The hash of the
 key's equation plus a user generated five digit pin can then be used to
 create a Bitcoin private key.


Interesting idea, though as Wladimir mentioned, a real-world key is much
less secure than a Bitcoin/PGP key, though in this case, I could see your
physical/visual key being any complex, high-contrast image (like a Motion
Tracking Target: https://www.google.com/search?q=tracking+markerstbm=isch),
if just using edge-detection (a high-contrast image would help make
low-light or out-of-focus shots still able to be detected), though like a
QR-code, it should probably have calibration markers in the corners to
specify orientation (would help decoding a skewed or rotated image) and the
standard should enforce some minimum level of complexity to prevent really
simple and easy-to-reproduce/steal keys .

Though if you're getting to that level of complexity, you might as well
just have a QR code of the private key.

Brooks
--
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/13534_NeoTech___
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development


Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Natanael
Regarding (ISO standards) currency symbols, XBT is already used as
equivalent to 1 Bitcoin in numerous places, and XBC is taken and BT*
belongs to Bhutan (and X** is already the default for non-national currency
common items of trade), so IMHO we should define something like XUB as
microbitcoins so we can have a symbol that doesn't require changing any
existing systems and that can be standardized globally. Then those with
accounting software that needs to deal with something that has two decimals
maximum without losing precision can use that while following well defined
standards. And those who don't like large numbers can still chose to show
mBTC.

- Sent from my phone
Den 14 mar 2014 18:18 skrev vv01f vv...@riseup.net:

 I think
 * if we change to mBTC because your state currencys price for bitcoin
 make this a valid option we will change again in future
 * users do not like changes
 * we should keep a good standard

 A good standard should be
 * built on standards (e.g. SI)
 * backed by best practice: never force the user to take an option he
 cannot change
 * do not make changes without users permission
 * take care of users at fault when entering 5.967 ot should be pointed
 out before sending that e.g.
 the sw understood 5967.000 000 00 BTC
 instead of 5.967 000 00 BTC
 because the user failed to use the correct delimiter.

 For now a good standard is
 * simply bitcoin as BTC with eight decimal places
 or could be
 * uBTC as SI prefix, probably using XBT as a symbol for compatibility
 with other software
 * satoshis (w. SI prefixes if numbers are to big) for regions where
 decimal places in prices are uncommon

 So I'd prefer:
 Make the choice transparent to users and set a standard that the user
 alway should be empowered to use all available decimal places.
 And there should be a set of official test-cases for wallet software and
 the desired behavior.


 --
 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/13534_NeoTech
 ___
 Bitcoin-development mailing list
 Bitcoin-development@lists.sourceforge.net
 https://lists.sourceforge.net/lists/listinfo/bitcoin-development

--
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/13534_NeoTech___
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development


Re: [Bitcoin-development] moving the default display to mbtc

2014-03-14 Thread Odinn Cyberguerrilla
Hello,

I see a lot of talk on this topic and get the senst that it is focused on
default display only regarding the mBTC / uBTC questions.  However, if the
focus is broader, involving whether or how to express other currencies or
moving further along to what that might even mean (since many people have
different ideas about what a currency is) perhaps there is another issue
to open, or a process BIP to address how to display other concepts, for
example:

other currencies

microdonations

etc.

I sense however that may be outside the scope of this thread, so I'll just
stop here and try to read samples of the other stuff going on here.

-Odinn
http://abis.io

 Resurrecting this topic.  Bitcoin Wallet moved to mBTC several weeks
 ago, which was disappointing -- it sounded like the consensus was
 uBTC, and moving to uBTC later --which will happen-- may result in
 additional user confusion, thanks to yet another decimal place
 transition.



 On Sun, Nov 17, 2013 at 9:28 PM, Wendell w...@grabhive.com wrote:
 We're with uBTC too. Been waiting for the signal to do this, let's do it
 right after the fee system is improved.

 -wendell

 grabhive.com | twitter.com/hivewallet | gpg: 6C0C9411

 On Nov 15, 2013, at 6:03 AM, Jeff Garzik wrote:

 Go straight to uBTC. Humans and existing computer systems handle
 numbers to
 the left of the decimals just fine (HK Dollars, Yen). The opposite is
 untrue (QuickBooks really does not like 3+ decimal places).




 --
 Jeff Garzik
 Bitcoin core developer and open source evangelist
 BitPay, Inc.  https://bitpay.com/

 --
 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/13534_NeoTech
 ___
 Bitcoin-development mailing list
 Bitcoin-development@lists.sourceforge.net
 https://lists.sourceforge.net/lists/listinfo/bitcoin-development




--
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/13534_NeoTech
___
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development