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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
Quote from: blatchcorn on May 02, 2014, 07:57:05 PM
Quote from: Steve on May 02, 2014, 07:10:18 PM
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
I like the transition suggested: go to 6 decimals first (1 coffe = 0.009138 BTC), then just drop the "0." (1 coffee = 9138 bits).