Post
Topic
Board Bitcoin Discussion
Re: A Proposal for the Mitigation of Bitcoin's Linguistic Transaction Costs
by
DeathAndTaxes
on 11/03/2014, 23:05:37 UTC
No.

The problem is there is no central agency of weights and measures for Bitcoin.  So lets say some people adopt your provision and some don't.  You would see people saying "selling my steam game for one million Bitcoins" and other people being utterly confused as to why someone would be willing to pay close to $1B USD for a video game.  You can't force everyone to use your (or any) naming system, so any naming system which attempts to revalue a Bitcoin is dead before the author finished writing it.