Quote from: wachtwoord on October 10, 2014, 02:25:52 PM

Quote from: Odalv on October 10, 2014, 02:09:51 PM

Quote from: Biodom on October 10, 2014, 01:56:44 PM

I am with the opposition to "bits", but it does not matter, as OP said. Use determines the terms.
However, the only way to logically reconcile Bitcoin foundation proposal with historical status is to use base unit of "bitcoin" (XBT) and satoshi at 1:100 of XBT.
BTC can be used as a historical unit. The only thing that is required is recalculation of XBT as 100 satoshi(s).
Result: Everyone with one BTC will be XBT millionaire.
Although the last point is somewhat silly, the positive psychological effect is undeniable.

the infamous 10,000 XBT for pizza back in 2014 :-)

Well if the proposed new definition of XBT happens in which 1000000XBT equals one Bitcoin (BTC) then it's going to be the 10 Trillion XBT pizzas in the history books Wink

Check your math...just 10 billion XBT (in 2009)
He is referring to the current day though, with some optimistic twist. it would be 10000XBT when BTC is back to ~1000-1200 (assuming $10-12/pizza) Grin