So
100 satoshis = 1 bit
and
1 million bits = 1 coin?
am i right?
That appears to be the idea in this thread.
I very much like this idea, but unless a coin is worth 1 million then that is still way too many numbers for:
Idiots- (yes mean but we all know them), average joes, older persons(not all), and electronically handicapped(mother) will still have difficulties and they account for a big number of the population currently.
Idiots and Joes have much less of a problem with a price like 12 thousand bits or even 120 million bits than with a price like 0.0012 BTC. Me included.