Following the existing standard would make sense if Bitcoin was of the same type the standard was created to cover. Putting cryptocurrencies under/within the existing standard for fiat currency symbols implies that it is of the same type. But cryptocurrencies are a whole new technology, a vastly different invention, the purpose of which is to replace the old type of currency that requires trust, middlemen, authorization/permission, transfer limits, transfer fees, ridiculous delays, participation in a debt-generating usurious fractional-reserve scam, etc.
And what do you mean by disrespecting Bhutan? The Bhutanese ngultrum is represented as BTN (like the TV channel from V for Vendetta), not BTC. Appropriating the Thai bhat symbol, BTC, is perhaps a bit disrespectful though.
And what do you mean by disrespecting Bhutan? The Bhutanese ngultrum is represented as BTN (like the TV channel from V for Vendetta), not BTC. Appropriating the Thai bhat symbol, BTC, is perhaps a bit disrespectful though.
bitcoin should not migrate to conform to the 'old type' of system i agree fully. but the old type of system is not about fiat. after al there are codes for wheat, poultry gold.. all of which are not fiat.
the old system though is about alot of bureaucracy and paying fee's to get accepted into special government "members clubs". bitcoin is about freedom.
we should avoid trying to get into these members clubs and get the members to prefer the freedoms of bitcoin rather then staying in they over-ruling and paperwork based financial system.
i like the vertical lines of bitcoin and if that disrespects thailand. then australia has been disrespecting america for 100 years
