Post
Topic
Board Bitcoin Discussion
Re: How much is 1 bit?
by
BitTrade
on 21/05/2014, 04:17:41 UTC
Even 'ubit' would be a million times better.

How many marketing firms do you think would tell you that "ubit" is a better brand than "bit" for a unit of currency?

In order to gain adoption, a "startup currency" relies in large part on its brand.  see: every shitcoin.  If bitcoin had been called humbuggers or some random shitty name, nobody would use it.  And since we clearly will be using units much smaller than 1 bitcoin for every day purchases, that smaller unit needs a good brand.