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.
Yeah, BIT is just another name for uBTC. Initially I was opposed to "bits", because, well, we had the much more cleanly derived uBTC (and also mBTC). Then it dawned on me that "micro-bee-tee-cee" just had too many syllables and not everyone would value a clean derivation using metric prefixing. So I fell in love with "bits". 1 syllable, easy to pronounce, connotations with the digital world
and money, future-proof, simple enough to handle / understand.
I acknowledge there can be confusion (you are a good example), but it can be overcome. I'll continue supporting the "bits" proposal.