Quote from: Predict27 on May 07, 2014, 02:11:29 PM

So you want to name 100 satoshi as a unit? But I don't really understand what you want to say. You can buy whatever amount of bitcoins you want so how that should effect bitcoin?

Its like this: no matter how much engineers and other science types wish and believe it to be otherwise, there is a psychological "sweet spot" for stocks which ranges from around 20 to 100 bucks. Dropping below 10 implies that the company is in trouble. Above 100 and its "too expensive". Also, on the too expensive side, non-techies have a much harder time on the right side of the decimal point (i.e. 0.00345 BTC) then on the left+2 decimals (3.45 mBTC). This is WHY stock splits happen, since the nominal purchasing unit is 100 shares, its not like the stock has gotten "too expensive" for someone to buy.

From the perspective of someone who's been arguing for this since 2012, we need to stop sweating the details and just DO it.

You may prefer milli or micro, "bits", "finneys" or "uBTC" but I think ANY of that is better than staying at BTC. So please throw your vote behind ANY and ALL proposals to actually do it. Once wallets and online services start to do it, a common use name (and likely denomination, I mean milli vs. micro) will naturally emerge.