Can't believe this debate is still going on 
This kind of discussions pops up every few months and there has never been any sort of resolution. I have seen a prized contest, a few votes, and it is ALWAYS split between standard SI units and "bit". I honestly don't have a problem having them both. Standard SI units for contracts and "official" use and "bit" for day to day use, like we call 1 pound (GBP) a "quid".
This kind of discussions pops up every few months and there has never been any sort of resolution. I have seen a prized contest, a few votes, and it is ALWAYS split between standard SI units and "bit". I honestly don't have a problem having them both. Standard SI units for contracts and "official" use and "bit" for day to day use, like we call 1 pound (GBP) a "quid".
And I don't think it will ever end, lol. That's how I stand behind this debate. I have no problem with either. Say bits. Say mBTC. Say ubits. Whatever you desire, I'll know what you're talking about.
It isn't a problem when everyone understands what is being talked about. Trading is even less of a concern because traders are used to different symbols. My concern is that if "Bits" becomes wide spread, it will only be a matter of time before it doesn't work anymore because of changes in BTC exchange rate or something else. Someone will come up with yet another term! The fix isn't creating new terms, the fix is learning how to work with the units we have. Bitcoin isn't American and it should be pulled in the same unit morass used for common measurements in USA.