Post
Topic
Board Bitcoin Discussion
Re: 1,000,000 bits = 1 bitcoin. Future-proofing Bitcoin for common usage? VOTE
by
molecular
on 02/05/2014, 21:07:17 UTC
We (BitPay) like moving to "bits" …Jeff has written a blog post articulating how we intend to make the transition if we feel there is a consensus to go in this direction.

http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html

Best news I have heard all day Cheesy

I like the transition suggested: go to 6 decimals first (1 coffe = 0.009138 BTC), then just drop the "0." (1 coffee = 9138 bits).