Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and the decimal system
by
odolvlobo
on 25/12/2017, 23:52:31 UTC
One bitcoin is the equivalent of 10^8 satoshi. I wonder if someone could explain why one has not defined the factor as a power of 2,
as this would be a naturale choice from my point of view. Is there any deeper meaning in the preference for the decimal system ?
I'll highly appreciate your explanations and/or suggestions.

The number of satoshis in a bitcoin is arbitrary. People are accustomed to the decimal system and defining, for example, one bitcoin as 232 satoshis has no benefit over defining it as 108 satoshis.

From your point of view, why would a binary system be better?