Author: Mike Caldwell 2014-04-21 01:18:03
Published on: 2014-04-21T01:18:03+00:00
The email conversation revolves around finding a culturally neutral term to represent 1e-6 bitcoin. The suggestion of using "ubit" pronounced as "you-bit" is made, which represents micro and leaves two decimal places for marginally numerate individuals. However, it is pointed out that μ is not a U but a lowercase M in Greek, and calling it a U may convey global unawareness. The potential confusion with XBT also arises. The discussion further moves on to the importance of finding a culturally neutral term and avoiding cultural references in the name. One participant points out that "bit" phonetically collides with slang for phallus in French, but no term has been established yet for smaller units of bitcoin.
Updated on: 2023-06-08T20:00:27.110908+00:00