Quote from: omar on November 26, 2013, 10:42:12 PM

Quote from: markjamrobin on November 26, 2013, 10:20:35 PM

This is wrong for one main reason; if we add additional decimal points, your "Bitcoin Dollar" is now ambiguous. Secondly, numbers would be too big, who wants to buy a beer for 3,500 units? If the point of this is psychological, the units go against that.

And you spelled satoshis wrong.

And that unit is already a UBTC.

Thanks, fixed the typo.

Is there really a plan to add more decimals? Someone correct me if I'm wrong, but I don't think the design of bitcoin allows that.

In some countries paying 3,500 units for a beer is normal :-)

The protocol would allow for a fork to add decimal places, if necessary. Whether that happens depends on BTC value. If a satoshi becomes too large of a unit, then it will be.

And why create a new unit, instead of using the already well established UBTC?