Post
Topic
Board Bitcoin Discussion
Re: To get mass adoption we need to sort out these decimals
by
Dekshuduph
on 17/06/2013, 20:21:41 UTC
1 BTC = Bitcoin
0.01 BTC = Bitcent
0.000001 = Millibit
0.00000001 = Satoshi

I think we should just stick with that...
What are those dividends, 100 then 10,000 then 100 again? That's confusing. Either way a Millibit is already established as a semi-formal way to refer to mBTC. We've already established:
1 BTC equals:
1,000 mBTC, one of which equals:
1,000 uBTC, one of which equals:
100 Satoshis
I recall the first three being official and visible through options in Bitcoin-QT, the Satoshi being unofficial but already widely-used.

Stop trying to make things which are already established. Also, listen to people. +1 to: