The only thing I don't like, is how "millibitcoin" sounds when I say it out loud. It's too long and not nearly as catchy as "Bitcoin".
- snip -Lets call the split version "millibitcoin", or we can use a slang name for it like "millies".
That still doesn't sound right to me.
- snip -How about "millibits". That's short. It's rather catchy, and (at least to someone that speaks english with a Chicago accent) it rolls of the tongue nicely.
I'm open to other slang terms as well. My point is that people have been using slang terms for money for centuries. We don't HAVE to use the formal name if we don't like how the formal name sounds when we say it out loud.