think there is a better fit. I doubt people will get
confused by it. The context it's used in will distinguish it from other
uses of the word.
On 05/03/2014 12:27 PM, Mike Caldwell wrote:
I agree with the sentiment that most people don't understand either
computer science or Bitcoin
I agree with the sentiment that most people don't understand either computer
science or Bitcoin. The goal of getting people to understand enough about
Bitcoin to use it is achievable and a goal that is in scope of our efforts.
Getting them to understand computer science at large at the same
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
It is a paradigm that is easy to explain and grasp for neurotypical people.
The average mind has no problem overloading words and distinguishing the
intended meaning from context. For most people, overloading a single syllable
word with a new meaning is much less complicated than using a
Mainly because it is short, memorable, effectively leads the listener to infer
the proper meaning, is culturally neutral, is easy to say by speakers of just
about any language, and many other reasons.
Mike
Sent from my iPhone
On Apr 20, 2014, at 12:23 PM, Arne Brutschy abruts...@xylon.de
By culturally neutral I mean we avoid deliberately invoking a cultural
reference in the name. For example satoshi would be a reference to Japanese
culture just for being a common Japanese name regardless of who Satoshi turns
out to be.
Mike
Sent from my iPhone
On Apr 20, 2014, at 1:20 PM,
the southern hemisphere
winter if I can learn enough.
On Apr 20, 2014 4:32 PM, Mike Caldwell
mcaldw...@swipeclock.commailto:mcaldw...@swipeclock.com wrote:
By culturally neutral I mean we avoid deliberately invoking a cultural
reference in the name. For example satoshi would be a reference
: Bitcoin is a digital currency, BTC starts with bit, bit refers to
a small amount of something in its regular english usage and lastly 99.9876543%
of people on the planet don't know what a digital bit is yet ...
Gavin
On 21/04/2014, at 9:20 am, Mike Caldwell
mcaldw...@swipeclock.commailto:mcaldw
For what it's worth, once upon a time I pushed this agenda on Bitcointalk. I'd
say early 2011 or so. The response I got was so strong and unanimous in favor
of this point being absolutely non-negotiable that if the money supply were
anything other than fixed, Bitcoin may as well be pretend
Hey everyone,
I have noticed that there was a recent change to BIP 0038 (Password-Protected
Private Key) on the Wiki, which is a proposal I wrote in late 2012. Gregory,
it looks to me as though you have made this change, and I'm hoping for your
help here. The change suggests that the number
be a consensus that BIP38 can continue to be understood to
mean Password-protected private key proposal by Mike Caldwell, and that it
can appear in the lists of BIPs alongside others.
Regarding BIP 22... I in fact did not originally attempt to post to the list
over what I had created and called BIP
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