Post
Topic
Board Bitcoin Discussion
Re: Implementing a smaller denomination
by
fryarminer
on 07/05/2014, 14:21:28 UTC
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?

Basically yes. A unit that people new to bitcoin would think in. So Joe or Mary off the street would think: "Gee, I want to buy bitcoin. Look, it costs less than a cent! I should buy some!"

My initial entry sounds kinda confusing I guess. I didn't want a discussion about what it would be called, hence I use the phrase "100 satoshi denomination". Rather a discussion about how to implement it, as a unit that would be the norm.

I think it would be easier to implement if it had a name, that people could relate to and almost forget "bitcoin" and think more in this denomination. But my real question is: "How do we get the ball rolling. How do we make this happen?"