Post
Topic
Board Economics
Re: Please stop with mBTC, microBTC, ...!
by
dyask
on 07/07/2014, 23:11:50 UTC
Just use BTC or satoshi (0.00000001) like in:

I just bought a car for 10 BTC!
The new Final Fantasy game will cost only 15000 satoshi!

Using mBTC, uBTC, μBTC is just unnecessary, sounds like a different coin and it will confuse a lot of people.

Coinedup and a few other sites are guilty of using mBTC.

1 satoshi is the smallest unit of BTC that's all people should have to learn. If you want massive user adoption you have to simplify things.

how is that simpler than 1 bitcoin is 1 million BITS?

Actually you mean 100 million BITS?  

Actually no. 0.01 BITS = 1 satoshi


Argh! I stand corrected and BITS is the same a uBTC ... I much prefer uBTC as that is something I can EASILY understand.  u = micro = 10-6.