Post
Topic
Board Bitcoin Discussion
Re: Name the 0.0001 BTC unit - 1st POLL
by
HairyMaclairy
on 06/01/2014, 11:49:04 UTC
Bitcoin/Bit/Satoshi is the way to go. Each range of 4 decimal places will cover 10,000 units, which is easy to remember, and the names are easy to say. And look at this beautiful little thing below. You can express this whole naming scheme in two lines!

1 Bitcoin = 10,000 Bits
1 Bit = 10,000 Satoshis

Simplicity. Marketability. Roll-off-the-tongue-ness.

The nice thing with the 10,000 factor is, we have already another one for the upper side (although it sounds more slang than offical):

1 Pizza = 10,000 Bitcoins

Agreed but should be shortened to slang for Pizza = 'Za'

"That whale owns a Za".