Post
Topic
Board Bitcoin Discussion
Re: Poll to switch over to mbtc
by
bryant.coleman
on 28/11/2013, 04:43:01 UTC
and in 4 years we will have the same pool again discussing if we should switch to uBTC?
We need to think longterm, also Media gives no attention to small numbers.
We can be sure to get a report for every small milestone as 1500, 2000, 2500 etc. they won't report if we decide universally to 1.5$ mBTC

100000 satoshis for 1$ sounds like a good deal

I think if we re-denominate to mBTC, then the media sources will use the market cap rather than the exchange rate. The current market cap is around $11.66 billion. In future, media will report like "BTC breaks $25 billion market cap" and such.

So there is no problem with media publicity.