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author | Jorge Timón <jtimon@monetize.io> | 2014-03-13 11:23:04 -0700 |
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committer | bitcoindev <bitcoindev@gnusha.org> | 2014-03-13 18:23:13 +0000 |
commit | 60fd78d1a8e4b1be371509070fb891a60cd0c718 (patch) | |
tree | f65e4b1a6da4491e8e82524cdc70d2703acfd112 | |
parent | 6ac10272f98a601747b21e77513ff259d2c7d409 (diff) | |
download | pi-bitcoindev-60fd78d1a8e4b1be371509070fb891a60cd0c718.tar.gz pi-bitcoindev-60fd78d1a8e4b1be371509070fb891a60cd0c718.zip |
Re: [Bitcoin-development] moving the default display to mbtc
-rw-r--r-- | 21/dc2e52c4da1f804d479c842f5766bbebe30eeb | 119 |
1 files changed, 119 insertions, 0 deletions
diff --git a/21/dc2e52c4da1f804d479c842f5766bbebe30eeb b/21/dc2e52c4da1f804d479c842f5766bbebe30eeb new file mode 100644 index 000000000..4fb9cf574 --- /dev/null +++ b/21/dc2e52c4da1f804d479c842f5766bbebe30eeb @@ -0,0 +1,119 @@ +Received: from sog-mx-2.v43.ch3.sourceforge.com ([172.29.43.192] + helo=mx.sourceforge.net) + by sfs-ml-1.v29.ch3.sourceforge.com with esmtp (Exim 4.76) + (envelope-from <jtimon@monetize.io>) id 1WOAHh-0006iy-1o + for bitcoin-development@lists.sourceforge.net; + Thu, 13 Mar 2014 18:23:13 +0000 +Received: from mail-la0-f48.google.com ([209.85.215.48]) + by sog-mx-2.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) + (Exim 4.76) id 1WOAHe-00025m-TU + for bitcoin-development@lists.sourceforge.net; + Thu, 13 Mar 2014 18:23:12 +0000 +Received: by mail-la0-f48.google.com with SMTP id gf5so983013lab.35 + for <bitcoin-development@lists.sourceforge.net>; + Thu, 13 Mar 2014 11:23:04 -0700 (PDT) +X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; + d=1e100.net; s=20130820; + h=x-gm-message-state:mime-version:in-reply-to:references:date + :message-id:subject:from:to:cc:content-type; + bh=JJNv53K6NNKKhJq08Exq0vkV1Pd8a1s059VM8igOMyE=; + b=XdQ9NxrGQ2JQnrM7GGQvugkg63uy1fsAHQSk2jg1zrTHV0Om984cAWL8nPKJXEHj+d + gkNBdieOqbEXIudoHG4FvrDhlLPV5zRkdkWcyL2ssHHl74LEutBcOvNqz6JJOHm+uRbf + 7tEw2jEV03aqtXX5nv21Yuq1Tg7vc0DH6MApsl+9Wm5ftzkyR4ZKxWU1FJ1Lm0XR6UiX + EbW5ViaRNmqeFZGkkQEYZPqF6TXXVBCs/SONsv0iDb+X4HjeJsCEGctiWL3/nPyGMurG + mzELkM4cLd6DtMdvPUGLgbs+evJJPscZ4twtml/y6nEZ0RD19giRNLFhq7ps6xTtMpXG + rMkg== +X-Gm-Message-State: ALoCoQkTXqlQ5GurtSOVzi2zOQwmennX7UpKMdeiU0TUOxjepyFBXmbbbb0mxXNTdp7pX3uS1Lyt +MIME-Version: 1.0 +X-Received: by 10.152.1.8 with SMTP id 8mr2270180lai.1.1394734984276; Thu, 13 + Mar 2014 11:23:04 -0700 (PDT) +Received: by 10.112.62.136 with HTTP; Thu, 13 Mar 2014 11:23:04 -0700 (PDT) +X-Originating-IP: [108.193.6.130] +In-Reply-To: <20140313160850.GW3180@nl.grid.coop> +References: <CAKaEYhK4oXH3hB7uS3=AEkA6r0VB5OYyTua+LOP18rq+rYajHg@mail.gmail.com> + <52852C2D.9020103@gmail.com> <52853D8A.6010501@monetize.io> + <CAJHLa0M6CkoDbD6FFixf9-mmhug7DvehSWCJ+EHWVxUDuwNiBg@mail.gmail.com> + <EE02A310-8604-4811-B2D0-FC32C72C20F3@grabhive.com> + <CAJHLa0OMcTCgGESi-F4jT2NA3FyCeMYbD_52j47t3keEYBfK8g@mail.gmail.com> + <CA+s+GJBSGPBQWWYR1NYSc2E4Y1BWAn8zf7xsu4wQ1O8cA8OWbw@mail.gmail.com> + <CAJHLa0NEEppHg_Lmi_Oxnz_gPSHZPfQpeg+-8MrvFYDmdM83-g@mail.gmail.com> + <20140313160850.GW3180@nl.grid.coop> +Date: Thu, 13 Mar 2014 11:23:04 -0700 +Message-ID: <CAC1+kJOQfhFaMs34STGOeqbmHdv6bVis7o57BcF3=XYudNw_Lg@mail.gmail.com> +From: =?ISO-8859-1?Q?Jorge_Tim=F3n?= <jtimon@monetize.io> +To: Troy Benjegerdes <hozer@hozed.org> +Content-Type: text/plain; charset=ISO-8859-1 +X-Spam-Score: 2.5 (++) +X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. + See http://spamassassin.org/tag/ for more details. + 2.5 US_DOLLARS_3 BODY: Mentions millions of $ ($NN, NNN, + NNN.NN) 0.0 LOTS_OF_MONEY Huge... sums of money +X-Headers-End: 1WOAHe-00025m-TU +Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>, + Wendell <w@grabhive.com> +Subject: Re: [Bitcoin-development] moving the default display to mbtc +X-BeenThere: bitcoin-development@lists.sourceforge.net +X-Mailman-Version: 2.1.9 +Precedence: list +List-Id: <bitcoin-development.lists.sourceforge.net> +List-Unsubscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>, + <mailto:bitcoin-development-request@lists.sourceforge.net?subject=unsubscribe> +List-Archive: <http://sourceforge.net/mailarchive/forum.php?forum_name=bitcoin-development> +List-Post: <mailto:bitcoin-development@lists.sourceforge.net> +List-Help: <mailto:bitcoin-development-request@lists.sourceforge.net?subject=help> +List-Subscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>, + <mailto:bitcoin-development-request@lists.sourceforge.net?subject=subscribe> +X-List-Received-Date: Thu, 13 Mar 2014 18:23:13 -0000 + +On 3/13/14, Troy Benjegerdes <hozer@hozed.org> wrote: +> <cynic hat: on> +> +> Every volatility bump messes up expectations of what a bitcoin is worth, +> so why are we bikeshedding uBTC vs mBTC? Just be done with it and do mBTC +> now, and plan uBTC for just after the next price spike to $10KUSD or +> whatever, +> and then plan on rolling back to mBTC when the price crashes from altcoin +> money supply inflation competition. + +No, even if bitcoin crashes to 1 usd you don't need to change back to +BTC, you can keep the existing-accounting-tools friendly micro. That's +the whole point, having "one true only unit change". You would only +need to change it if there was a sub-satoshi hardfork, which doesn't +seem necessary anytime soon. + +On 3/13/14, Mike Hearn <mike@plan99.net> wrote: +> I think it is highly optimistic to assume we'll need another 1000x shift +> any time soon. By now Bitcoin isn't obscure anymore. Lots of people have +> heard about it. Getting from $1 to $1000 was amazing, but it was possible +> through huge media coverage. Getting from $1000 to $1,000,000 would take +> massive adoption of the kind Bitcoin isn't ready for yet. + +We shouldn't make any assumptions about the future price of bitcoin to +make the decision. + +On 3/13/14, Mike Hearn <mike@plan99.net> wrote: +>> +>> Even if a cup of coffee costs 3.12345 mBTC, that's a lot more annoying +>> than 3123.45 uBTC. +>> +> +> This is subjective though. To me the first price looks like the price of a +> cup of coffee (or I just mentally double it). The second looks like the +> price of an expensive holiday. + +This sounds very US-centric to me. Aren't you thinking in usd? + +It won't look like an expensive holiday to, say, someone used to Viet +Nam Dong (VND), Uzbekistani Som (UZS) or Mongolian Tugrik (MNT). + +http://coinmill.com/BTC_calculator.html#BTC= 0.00312345 + + +"People seem to like mBTC" is just an ad populum fallacy: millions of +flies can actually be wrong. Also you haven't showed them micros, +maybe they like it too. + +So the only valid argument I've heard in favor of mBTC so far is "some +wallets/services are doing it wrong already". + + |