Author: Natanael 2014-04-22 14:55:54
Published on: 2014-04-22T14:55:54+00:00
The context of the conversation is about a proposed name for a unit with 1e-6 Bitcoins or 100 satoshis. The concern is whether the name "xbit" will be considered "stupid" by the average person. The proposer suggests that the name should align with the capabilities of existing financial software, customs of finance and ISO standard of currency abbreviations. Tamas Blummer agrees with the proposal of bit and XBT as potential names for the unit. He also asks for feedback on the suggestion of xbit made in his previous email. The discussion focuses on the importance of choosing a name that is understandable to those who are not familiar with Bitcoin and its technology.
Updated on: 2023-06-08T20:04:57.359031+00:00