Post
Topic
Board Bitcoin Discussion
Re: How much is 1 bit?
by
DrBitcoin
on 22/05/2014, 00:54:14 UTC
I love bits. Clean and simple.
I hate that there are 1 million bits in a Bitcoin. That makes no sense.

A bit should be the lowest possible value. So there are 100 million bits in a Bitcoin.
Get rid of a Satoshi...it served its purpose but we need to move forward if Bitcoin is to go mainstream.

Then...we just need something that would represent 100 bits that is as clean and simple as bits and Bitcoin.

Something like:

1 BTC = 1million bites = 100million bits