Quote from: THX 1138 on November 04, 2015, 12:18:15 AM

Quote from: TPTB_need_war on November 03, 2015, 11:33:53 PM

...Bits is non descriptive. It could be bits of anything. We would be forcing people to use a term which is not natural because it doesn't identify what it is...

This might account for my earlier instinctive reservation over the term by itself, which non-techies and those unfamiliar with Bitcoin wouldn't easily identify with.

But Bits is not for them. The social/micro-tx currency is for them. Bits is a lower velocity of money variant for stability, i.e. for use in the programmable contracts on the block chain. Bits is the business use currency. That is why I thought associating it with the established leader Bitcoin would give it more acceptability. I think the paramount priority for the serious currency unit is familiarity, stability, reliability, and acceptance. This counters my statements above where I said Bits is non-descriptive. Yes and that is perfect for business where you don't want to pigeon-hole or make money too silly.

Quote from: THX 1138 on November 04, 2015, 12:18:15 AM

Quote from: trollercoaster on November 03, 2015, 11:56:52 PM

I really like ¥ꙭɃits for the fun money/token, I think it's something the azns can relate to with the ¥.

And it sounds like "You" which fits in with the social media theme.

I agree. And I like the look of ¥ooBits; some graphical potential there.

¥ will piss off the Chinese. Why did we favor Japan over China.

We just need to pick a brandable fun name for a social and micro-tx currency. I prefer the ꙭ currency symbol because it looks cute and friendly like two eyeballs (remember this is displayed in fun, non-serious social and micro-tx scenarios, not in business scenarios). Very unique and won't get anyone pissed off at us.

I can see that readers are ostensibly not factoring into their thought process that marketing is often about identifying distinct demographics. It seems we are sometimes conflating all the target markets together into one. Bitcoin already did that. We won't like find one name that reaches across all demographics better than Bitcoin. Instead what we can do is more precisely target distinct demographics by the use of separation-of-concerns (two currencies).

I believe there will be a stratification of preferences w.r.t. to crypto-money, because there are different priorities between business (stable store-of-value) use cases and social / mass market use cases.

Bits is too nondescript for the mass market which prefers "Candy Crunch" and "Angry Birds". Yet Cool, Chan, Vibes, Yoonits are not going to appeal as money to business users.

I think I am back to preferring Cool bits/cash/coin, because there are no copycat portmanteaus which can capture the same theme of "Cool".

Coolbits is a natural social media unit of Bits.

Yoobits is more personal, but there are too many variants, e.g. ibits, mebits, etc.. Also many people will wonder why just didn't spell "Youbits". And You bits is bit more confusing than Yourbits or mybits but then whose bits are these Huh

. They are yours when I am going to send them to you and they are mine until I do.

Or we could try to dump Bits theme entirely but for what?

There are already other portmanteaus on Bit such a Bitz, Bitstar, Nubits, Bitpay. But doesn't that all promote Bits.