rich1.0npub1k9ajtzw275c34txkcf3frjrvgez6rjvhlqqvh6uwmjucekafds0q5kwv59https://nostr.ae/npub1k9ajtzw275c34txkcf3frjrvgez6rjvhlqqvh6uwmjucekafds0q5kwv59njumphttps://nostr.ae📅 Original date posted:2014-04-20 📝 Original message:> The average person is not going to be confident that the prefix they > are using is the correct one, The use of any 'prefix' is one of choice and entirely unnecessary, and there are already established 'divisions' in u/mBTC for those that feel they need to use such things. > people WILL send 1000x more or less than > intended if we go down this road, Exceptionally unlikely - I deal every day with currencies with 0, 2 and 3 dp's in amount ranging from 'under 1 whole unit' to tens of thousands - Not once in 20 years has anyone ever 'sent' more or less than intended - oh, they've 'intended' to underpay just fine, but never *unintended*. > I propose that users are offered a preference to denominate the > Bitcoin currency in a unit called a bit. Where one bitcoin (BTC) > equals one million bits (bits) and one bit equals 100 satoshis. I propose that for people unable to understand what a bitcoin is, they can just use satoshi's and drop this entire proposal. Rob