<oembed><type>rich</type><version>1.0</version><author_name>npub1ccegg9n9lnx6huppxg43m95488yur7pfemkn3pz0agjws5ffvtts0ex8m8</author_name><author_url>https://nostr.ae/npub1ccegg9n9lnx6huppxg43m95488yur7pfemkn3pz0agjws5ffvtts0ex8m8</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2014-03-14&#xA;📝 Original message:You give them a hard to interpret thing like mBTC and then wonder why&#xA;they rather look at local currency. Because the choices you gave them are bad.&#xA;&#xA;I think Bitcoin would have a better chance to be percieved as a currency&#xA;of its own if it had prices and fractions like currencies do. &#xA;&#xA;3.558 mBTC or 0.003578 BTC will never be as accepted as 3558 bits would be.&#xA;&#xA;&#xA;Tamas Blummer&#xA;Bits of Proof&#xA;&#xA;On 14.03.2014, at 15:05, Andreas Schildbach &lt;andreas at schildbach.de&gt; wrote:&#xA;&#xA;&gt; btw. None of Bitcoin Wallet&#39;s users complained about confusion because&#xA;&gt; of the mBTC switch. In contrast, I get many mails and questions if&#xA;&gt; exchange rates happen to differ by &gt;10%.&#xA;&gt; &#xA;&gt; I suspect nobody looks at the Bitcoin price. It&#39;s the amount in local&#xA;&gt; currency that matters to the users.&#xA;&gt; &#xA;&gt; &#xA;&gt; On 03/13/2014 02:40 PM, Andreas Schildbach wrote:&#xA;&gt;&gt; Indeed. And users were crying for mBTC. Nobody was asking for µBTC.&#xA;&gt;&gt; &#xA;&gt;&gt; I must admit I was not aware if this thread. I just watched other&#xA;&gt;&gt; wallets and at some point decided its time to switch to mBTC.&#xA;&gt;&gt; &#xA;&gt;&gt; &#xA;&gt;&gt; On 03/13/2014 02:31 PM, Mike Hearn wrote:&#xA;&gt;&gt;&gt; The standard has become mBTC and that&#39;s what was adopted. It&#39;s too late&#xA;&gt;&gt;&gt; to try and sway this on a mailing list thread now.&#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt; On Thu, Mar 13, 2014 at 2:29 PM, Gary Rowe &lt;g.rowe at froot.co.uk&#xA;&gt;&gt;&gt; &lt;mailto:g.rowe at froot.co.uk&gt;&gt; wrote:&#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;    The MultiBit HD view is that this is a locale-sensitive presentation&#xA;&gt;&gt;&gt;    issue. As a result we offer a simple configuration panel giving&#xA;&gt;&gt;&gt;    pretty much every possible combination: icon, m+icon,  μ+icon, BTC,&#xA;&gt;&gt;&gt;    mBTC,  μBTC, XBT, mXBT,  μXBT, sat along with settings for&#xA;&gt;&gt;&gt;    leading/trailing symbol, commas, spaces and points. This allows&#xA;&gt;&gt;&gt;    anyone to customise to meet their own needs beyond the offered default. &#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;    We apply the NIST guidelines for representation of SI unit symbols&#xA;&gt;&gt;&gt;    (i.e no conversion to native language, no RTL giving icon+m etc).&#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;    Right now MultiBit HD is configured to use m+icon taken from the&#xA;&gt;&gt;&gt;    Font Awesome icon set. However reading earlier posts it seems&#xA;&gt;&gt;&gt;    that μ+icon is more sensible. &#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;    Let us know what you&#39;d like.&#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;    Links:&#xA;&gt;&gt;&gt;    m+icon screenshot: http://imgur.com/a/WCDoG&#xA;&gt;&gt;&gt;    Font Awesome icon: http://fortawesome.github.io/Font-Awesome/icon/btc/&#xA;&gt;&gt;&gt;    NIST SI guidelines: http://physics.nist.gov/Pubs/SP811/sec07.html&#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;    On 13 March 2014 12:56, Jeff Garzik &lt;jgarzik at bitpay.com&#xA;&gt;&gt;&gt;    &lt;mailto:jgarzik at bitpay.com&gt;&gt; wrote:&#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;        Resurrecting this topic.  Bitcoin Wallet moved to mBTC several weeks&#xA;&gt;&gt;&gt;        ago, which was disappointing -- it sounded like the consensus was&#xA;&gt;&gt;&gt;        uBTC, and moving to uBTC later --which will happen-- may result in&#xA;&gt;&gt;&gt;        additional user confusion, thanks to yet another decimal place&#xA;&gt;&gt;&gt;        transition.&#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;        On Sun, Nov 17, 2013 at 9:28 PM, Wendell &lt;w at grabhive.com&#xA;&gt;&gt;&gt;        &lt;mailto:w at grabhive.com&gt;&gt; wrote:&#xA;&gt;&gt;&gt;&gt; We&#39;re with uBTC too. Been waiting for the signal to do this,&#xA;&gt;&gt;&gt;        let&#39;s do it right after the fee system is improved.&#xA;&gt;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;&gt; -wendell&#xA;&gt;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;&gt; grabhive.com &lt;http://grabhive.com&gt; | twitter.com/hivewallet&#xA;&gt;&gt;&gt;        &lt;http://twitter.com/hivewallet&gt; | gpg: 6C0C9411&#xA;&gt;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;&gt; On Nov 15, 2013, at 6:03 AM, Jeff Garzik wrote:&#xA;&gt;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;&gt;&gt; Go straight to uBTC. Humans and existing computer systems&#xA;&gt;&gt;&gt;        handle numbers to&#xA;&gt;&gt;&gt;&gt;&gt; the left of the decimals just fine (HK Dollars, Yen). The&#xA;&gt;&gt;&gt;        opposite is&#xA;&gt;&gt;&gt;&gt;&gt; untrue (QuickBooks really does not like 3+ decimal places).&#xA;&gt;&gt;&gt;&gt; &#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;        --&#xA;&gt;&gt;&gt;        Jeff Garzik&#xA;&gt;&gt;&gt;        Bitcoin core developer and open source evangelist&#xA;&gt;&gt;&gt;        BitPay, Inc.      https://bitpay.com/&#xA;&gt;&gt;&gt; &#xA;&gt;&gt;&gt;        ------------------------------------------------------------------------------&#xA;&gt;&gt;&gt;        Learn Graph Databases - Download FREE O&#39;Reilly Book&#xA;&gt;&gt;&gt;        &#34;Graph Databases&#34; is the definitive new guide to graph databases&#xA;&gt;&gt;&gt;        and their&#xA;&gt;&gt;&gt;        applications. Written by three acclaimed leaders in the field,&#xA;&gt;&gt;&gt;        this first edition is now available. 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