Post
Topic
Board Bitcoin Discussion
Re: Contest to name the 0.0001 BTC unit (0.1 BTC prize!)
by
djbooth007
on 03/01/2014, 03:06:59 UTC
Why 0.0001 BTC should be called "a bitmar".

Firstly, some currencies use the -ar suffix, such as the dollar and dinar.

Secondly, to distinguish Bitcoins from other digital or fiat currencies, the term "bit" should be used in the unit name.

0.00000001 is one satoshi
0.001 is a millibit
0.00001 is a megasatoshi

In between milli and mega we have our 0.0001 value, so I'll use the 'm' to form -mar

Usage.

*Excuse me, how many bitmars for a coffee?
Point 3 bitmars

*I pay 300 bitmars per month for web hosting.

*I'll give you 50,000 bitmars for your car.