Quote from: Shneebly on December 07, 2013, 04:42:22 AM

Quote from: DeathAndTaxes on December 07, 2013, 12:11:37 AM

There may be reason to use mBTC but stability isn't one of them.

Agreed. I had a friend express interest in Bitcoin, and I suggested that they purchase some this week (as it's looking like a great buying opportunity).

What was the response? "But it's so expensive!"

Diversifying into Bitcoin costs just as much as it always has, yet the thousand dollar (now just under) price-tag is daunting. It's seems much better to own a hundred "millies" than 0.1 Bitcoin. It's a very simple change that makes Bitcoin seem much more accessible.

...not sure how switching to mBTC would translate into increased stability though.

@empoweoqwj Changing the decimal point to a comma in your head is so trivial it really doesn't constitute a legitimate downside.

This is exactly what I think. We're in a good position to rebase around mBTC due to the currencies nearness to $1,000 USD. It looks good in most other currencies too. I think we need to realise the psychological effects this will have in making BTC seem more accessible.