Post
Topic
Board Bitcoin Discussion
Re: Which of these bitcoin units do you NOT want to use?
by
jabo38
on 30/10/2014, 02:43:33 UTC
We want to get bitcoin out of the lab, so to speak. It needs to be much easier to use, and the question you should be asking, is not what do you want, but what makes better sense for the (hopefully) billions of future adopters, many of whom may be far less numerate than the average bitcoiner, and much more comfortable with a conventional 1,000.00 currency format.

Do you think 1,000.00 is easier to understand than 100,000 for the next billion adopters?
You seem to be missing the point (pun intended). 1,000.00 illustrates the format - comma separated and accurate to 2 decimal places, like dollars and cents. It's not just some random large number.

+1

We need the XXXX.00 format.  That way someday 1 satoshi will psychological gravitate towards 0.01 USD.  Yes, this is a real thing.  At that point 1 Bitcoin will be worth 1 mill USD.