Post
Topic
Board Bitcoin Discussion
Re: Shift the decimal point over?
by
justmyname
on 12/01/2014, 08:26:52 UTC
If someone doesn't understand how to use the basic metric system they need to go back to the 1st grade and learn it. Better they don't use BTC at all! They surely will get robbed blind. Cheesy
  

Nobody is proposing a substitution to the metric system. What's being proposed is to simplify the usage of the metric system. Simplification is also tought at school, I think you missed the class.




It would have been a great idea. Except for the fact that the 21 million limit would have to change by the same amount of decimal places. It isn't going to happen. You can't willy nilly Bitcoin like the US dollar has been.

And for all the anxious to get rich crowd. If Bitcoin does what it did last year it will be worth $52,0000 thousand each by 2015.  

Bitcoin can still be split into 1000,000,000,000,000 units i totally see where OP is coming from, about removing all the decimal places.





Unless you fully Re-denominate. You have to identify how many decimal places have been removed. Either the metric system or the powers of 10 system. You can't reinvent the wheel with some system that doesn't actually exist.