Post
Topic
Board Bitcoin Discussion
Re: Need to switch to mBTC soon
by
I_bitcoin
on 27/11/2013, 21:47:25 UTC
No one can dictate what all the exchanges and wallet software providers will do, so a variety of approaches will be tried.

This brings risk when a user accustomed to a particular decimal point location switches to another client.  A user in the habit of typing "100" for 0.1 BTC may accidentally overspend by a factor of 1000.



I did this in the reverse just the other day.   Felt pretty bad as I did not want the person to think I was ripping them off during my purchase.   This hatchet cuts both ways.