{"type":"rich","version":"1.0","author_name":"npub1m6p5kgcd428x6pxyfege98zjmlwrdhp0gyz6pdnsvrvalscddnxqurdjn5","author_url":"https://nostr.ae/npub1m6p5kgcd428x6pxyfege98zjmlwrdhp0gyz6pdnsvrvalscddnxqurdjn5","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2014-03-13\n📝 Original message:\u003ccynic hat: on\u003e\n\nEvery volatility bump messes up expectations of what a bitcoin is worth,\nso why are we bikeshedding uBTC vs mBTC? Just be done with it and do mBTC\nnow, and plan uBTC for just after the next price spike to $10KUSD or whatever, \nand then plan on rolling back to mBTC when the price crashes from altcoin\nmoney supply inflation competition.\n\n\nOn Thu, Mar 13, 2014 at 09:45:54AM -0400, Jeff Garzik wrote:\n\u003e \u003cvendor hat: on\u003e\n\u003e \n\u003e Based on this seeming consensus, BitPay was headed towards uBTC\n\u003e internally, and hoped to coordinate messaging and rollout with others\n\u003e in the community.  Ah well, proceed apace, and Bitcoin Wallet will\n\u003e catch up, I suppose.\n\u003e \n\u003e Multiple unit changes negatively impact users, but we are already there :/\n\u003e \n\u003e \n\u003e On Thu, Mar 13, 2014 at 9:34 AM, Wladimir \u003claanwj at gmail.com\u003e wrote:\n\u003e \u003e\n\u003e \u003e On Thu, Mar 13, 2014 at 1:56 PM, Jeff Garzik \u003cjgarzik at bitpay.com\u003e wrote:\n\u003e \u003e\u003e\n\u003e \u003e\u003e Resurrecting this topic.  Bitcoin Wallet moved to mBTC several weeks\n\u003e \u003e\u003e ago, which was disappointing -- it sounded like the consensus was\n\u003e \u003e\u003e uBTC, and moving to uBTC later --which will happen-- may result in\n\u003e \u003e\u003e additional user confusion, thanks to yet another decimal place\n\u003e \u003e\u003e transition.\n\u003e \u003e\n\u003e \u003e\n\u003e \u003e I've kind of given up getting any consensus about this, or even getting\n\u003e \u003e people to care.\n\u003e \u003e\n\u003e \u003e Everyone agrees that a decimal shift would be good, but it's the same boring\n\u003e \u003e shed painting discussion every time on how many decimals. In the end nothing\n\u003e \u003e happens.\n\u003e \u003e\n\u003e \u003e I can't really blame Andreas for finally taking action and making the change\n\u003e \u003e to mBTC. People in the community are familiar with mBTC because some\n\u003e \u003e exchanges and price sites used mBTC (at least for a while when \u003e$1000), also\n\u003e \u003e mBTC seems to be catching on on reddit etc.\n\u003e \u003e\n\u003e \u003e Moving to muBTC (which in itself would be better because it is the final\n\u003e \u003e unit change ever needed without hardfork) would require more coordinated\n\u003e \u003e education effort.\n\u003e \u003e\n\u003e \u003e Wladimir\n\u003e \n\u003e \n\u003e \n\u003e -- \n\u003e Jeff Garzik\n\u003e Bitcoin core developer and open source evangelist\n\u003e BitPay, Inc.      https://bitpay.com/\n\u003e \n\u003e ------------------------------------------------------------------------------\n\u003e Learn Graph Databases - Download FREE O'Reilly Book\n\u003e \"Graph Databases\" is the definitive new guide to graph databases and their\n\u003e applications. Written by three acclaimed leaders in the field,\n\u003e this first edition is now available. Download your free book today!\n\u003e http://p.sf.net/sfu/13534_NeoTech\n\u003e _______________________________________________\n\u003e Bitcoin-development mailing list\n\u003e Bitcoin-development at lists.sourceforge.net\n\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\n-- \n----------------------------------------------------------------------------\nTroy Benjegerdes                 'da hozer'                  hozer at hozed.org\n7 elements      earth::water::air::fire::mind::spirit::soul        grid.coop\n\n      Never pick a fight with someone who buys ink by the barrel,\n         nor try buy a hacker who makes money by the megahash"}