take for instance
would you rather see a logo that says 'bitpay' or 'mbitpay'
would you rather see a logo that says 'bitstamp' or 'mbitstamp'
would you rather see a logo that says 'bitme' or 'mbitme'
i can name many many more websites with bit in the name but cant see any with ubit or mbit... thus its easy to see which direction merchants are choosing, as oppose to 'users' dramatic cries
Yes, but in those examples, "bit" is short for one
Bitcoin, not a microBitcoin.
infact they used 'disme' at first with was latin and then shortened to dime later on for more of a relaxed and easier way to say it. so eventually mbit and ubit will be shortened out also to something 'common man' will use.
so instead of the confusion of the different between u and m.. purely for future proofs sake the measurement will be the metric of ubit.. (100 sat) and the common name will (by already viewing the use of) be bits.
The short forms for MilliBitcoins and MicroBitcoins are largely solved, but have little traction:
- 1 mBTC (0.001BTC) is one Mill (or thousandth). This term is used for calculating property tax. Also used to refer to 1/1000th of an inch.
- 1 µBTC (0.001mBTC) is one Mike (short for micro (metric prefix for one millionth)). (Common male name, sometimes used in the military as slang for minutes)