Quote from: 101111 on May 03, 2014, 05:50:44 AM

Quote from: Aditya on May 03, 2014, 05:28:21 AM

Actually we have MicroBitcoin (μBTC) already. Why change it to Bits?

I prefer μBTC (spelled: uBit)

No we don't, we have microbitcoin. I think you've answered you're own question. Using those tiny fractional units is confusing and error prone.

Oh. Now I am confused. I thought we had BTC and - by definition - mBTC and µBTC (uBTC). We also have a protocol - Bitcoin. So is "microbitcoin" a fraction of the protocol, or an alternative name for a fraction of BTC?

Incidentally, when you say "using those tiny fractional units is confusing and error prone" - what subset of the global population do you have in mind? What size is that subset? Reason I ask is - the only time I've ever (I'm middle aged) seen people say this is confusing is on Bitcointalk (I'm not a scientist, engineer, etc, but I have lived/worked in a number of different countries in APAC and EMEA).