Quote from: Grand_Voyageur on October 27, 2014, 08:09:04 AM

Quote from: KingOfTrolls on October 27, 2014, 07:57:22 AM

Quote from: Waramp22 on October 26, 2014, 09:53:00 PM

The system is in need of a unit between the BTC and satoshi.

1000 sat = 1k sat = 1 ksat

Problem solved. Tongue

There is absolutely no need for 100-satoshi-sized units. 1000-satoshi-sized units (i.e. "ksat") are much more intuitive anyway.

If you are willing to use a 1 kSat you may keep using 10 uBTC. Have you heard about Occam's Razor lately?
Wink

The meaning of "k" is already understood by common people:

http://btc1k.com

The SI prefix "µ" (micro) in contrast, is a very nerdy, technical expression. It implies being something very small (as in "microscope"), and thus is subconsciously disliked by many people.

As a matter of fact, the human brain prefers to use multiples (like "k"), rather than fractions (like "µ").

I never used µBTC for precisely that reason, thus "keep using" is wrong wording anyway.

Occam's razor: "What is easier: Teaching the meaning of "µ" to common people, or using "k" instead, which is already understood by them?"