Why can't we just rename 100 satoshis as 1 bitcoin?
This is the best solution to me also.
1 BTC = 100 satoshis (instead of 100M)
1
current BTC becomes 1 MBTC (megabitcoin) if needed in the adjustment period.
Exchanges might use rate for 1.000 BTC (1kBTC) = $0.444 or 1 MBTC = $444
What do you think about that? We can continue to use the existing name (bitcoin) and symbol.
1 coffee = 9,123 bitcoins
I don't see the need to introduce new names/symbols like bits. People will quickly adopt to the new meaning (value) of bitcoin.