Bitcoin Gets Close to $5,000

Re:Bitcoin Gets Close to $5,000 by joelrunyon on Friday September 01, 2017 @09:21PM (#15153617)

I'm curious what the naming conventions are going to be to transact bitcoin on a regular (offline) basis.

Are you going to say 1/10 bitcoin or will that have a name?

One thing I haven't seen anyone talk about is the language to make bitcoin more accessible.

No other currency (that I know of) has 1 unit as the MAX unit to transact (at such a high value) with no smaller denominations.

If Bitcoin really DOES end up at 100k/coin - and you want to buy something that's $10, are you really going to say .0001 bitcoin? There has to be a cleaner way. Even that, you could easily screw up decimal spots very easily.

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Re:Bitcoin Gets Close to $5,000 by moronicalox on Friday September 01, 2017 @09:25PM (#15153642)

It does have a name. You're talking about mBTC and bits https://en.bitcoin.it/wiki/Units

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Re:Bitcoin Gets Close to $5,000 by joelrunyon on Friday September 01, 2017 @09:52PM (#15153744)

This all seems way more complicated than "buck", "quarter", "dime", etc?

Maybe I'm just not used to it yet - maybe they're just use the first part? "san", "deca", "mil"

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