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A comment on Living On Bitcoin For A Week. Parent comment

Re:Living On Bitcoin For A Week by sp332 on Wednesday May 01, 2013 @04:54PM (#5640720)
How is 300 cBTC more readable than 3 BTC?

Edit: anyway, more common units are mBTC for 1/1000, uBTC for 1/1,000,000 and "satoshi" which is the smallest division the protocol currently supports, 1/100,000,000. (Satoshi Nakamoto is the pseudonym used by the creator of bitcoin.)

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Re:Living On Bitcoin For A Week by obviouslygreen on Wednesday May 01, 2013 @05:05PM (#5640781)
The point may have been that if BTC is the only unit, then most every-day things will cost something like .05 BTC, which doesn't seem all that intuitive (at least coming from a USD area).
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Re:Living On Bitcoin For A Week by nick2021 on Wednesday May 01, 2013 @05:18PM (#5640861)
Also remember that things started costing 5 cents until inflation ran those same items up to dollars.
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Re:Living On Bitcoin For A Week by sp332 on Wednesday May 01, 2013 @05:19PM (#5640871)
If bitcoin ever takes off, its built-in deflation will run the problem in the other direction (making it even worse than it is now).
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Re:Living On Bitcoin For A Week by leishulang on Wednesday May 01, 2013 @05:27PM (#5640913)
by just saying the word "bitcoins" here, I know this post will worth a million dollar somewhere in the future.
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