Quote from: db on May 12, 2011, 03:39:28 PM

Quote from: roy on May 12, 2011, 02:29:07 PM

why not just deal in 'satoshi's? That will get rid of the need for mBTC/µBTC..

... and give you kSAT, MSAT, GSAT and maybe some day even mSAT.

But other large denomination currencies don't need to do this because large numbers are made easy to read through commas and more well known common naming systems.

Quote from: tomcollins on May 12, 2011, 04:32:48 PM

Quote from: roy on May 12, 2011, 02:29:07 PM

Quote from: ribuck on May 12, 2011, 02:19:21 PM

One millibitcoin ("one Millie") is 0.001 BTC or 1 mBTC.
One microbitcoin ("one Mike") is 0.000001 BTC or 1 µBTC.
One satoshi is 0.00000001 BTC or one base unit (or 10 nBTC).

why not just deal in 'satoshi's? That will get rid of the need for mBTC/µBTC..

Psychology. If you have to spend 10,000 to get a pizza, it seems worthless.

But other large denomination currencies seem to do this fine..? Would you be able to say what 0.0000001btc is in english?