Post
Topic
Board Bitcoin Discussion
Re: 1,000,000 bits = 1 bitcoin. Future-proofing Bitcoin for common usage? VOTE
by
olli
on 04/05/2014, 19:29:20 UTC
This desire to turn Satoshis into pennies for the sixth spot seems very arbitrary to me. You end up creating very large numbers for Bits, whereas by using the fourth place you always keep numbers at 10,000 or less. That makes it easier to work with over a longer period of time.

I'm just saying that choosing the sixth spot is exactly not arbitrary, but for a very good reason.