Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
gandhibt
on 29/11/2013, 12:11:40 UTC
One thing that didn't come across/wasn't discussed is that you can divide Bitcoins into smaller parts.

I think we need to move to mBTC before folk begin to understand this.

A guy at my work didn't understand this either and he's a programmer like me. He assumed that they could only be moved in whole units and didn't understand how that would work if its a currency. When I explained it can be divided to 8dp, and that could be changed in the future he was like "ahhhhhhh that makes a lot more sense"

When you have studied bitcoin a long time yourself it might come as a shock how little common folk know about this.