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| author | Jeff Garzik <jgarzik@bitpay.com> | 2014-03-13 12:29:03 -0400 |
|---|---|---|
| committer | bitcoindev <bitcoindev@gnusha.org> | 2014-03-13 16:29:31 +0000 |
| commit | f3e587bc19284cbc2c58b43a17e693a40d5c6c8f (patch) | |
| tree | d714015591690e01edd4b7f0a044d0f3f0236d2d | |
| parent | d0807f4ef583710c34fb375143ef37a9f800c4ea (diff) | |
| download | pi-bitcoindev-f3e587bc19284cbc2c58b43a17e693a40d5c6c8f.tar.gz pi-bitcoindev-f3e587bc19284cbc2c58b43a17e693a40d5c6c8f.zip | |
Re: [Bitcoin-development] moving the default display to mbtc
| -rw-r--r-- | 88/307abee42abb5844e45e79f931f0f4df172e59 | 111 |
1 files changed, 111 insertions, 0 deletions
diff --git a/88/307abee42abb5844e45e79f931f0f4df172e59 b/88/307abee42abb5844e45e79f931f0f4df172e59 new file mode 100644 index 000000000..b7b085cef --- /dev/null +++ b/88/307abee42abb5844e45e79f931f0f4df172e59 @@ -0,0 +1,111 @@ +Received: from sog-mx-3.v43.ch3.sourceforge.com ([172.29.43.193] + helo=mx.sourceforge.net) + by sfs-ml-2.v29.ch3.sourceforge.com with esmtp (Exim 4.76) + (envelope-from <jgarzik@bitpay.com>) id 1WO8Vf-0003hp-8e + for bitcoin-development@lists.sourceforge.net; + Thu, 13 Mar 2014 16:29:31 +0000 +Received-SPF: pass (sog-mx-3.v43.ch3.sourceforge.com: domain of bitpay.com + designates 74.125.82.42 as permitted sender) + client-ip=74.125.82.42; envelope-from=jgarzik@bitpay.com; + helo=mail-wg0-f42.google.com; +Received: from mail-wg0-f42.google.com ([74.125.82.42]) + by sog-mx-3.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) + (Exim 4.76) id 1WO8Ve-0008Bf-Bf + for bitcoin-development@lists.sourceforge.net; + Thu, 13 Mar 2014 16:29:31 +0000 +Received: by mail-wg0-f42.google.com with SMTP id y10so1070449wgg.1 + for <bitcoin-development@lists.sourceforge.net>; + Thu, 13 Mar 2014 09:29:24 -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:from:date + :message-id:subject:to:cc:content-type; + bh=9ALv34c1uDLkY6oyrEbZHC3/DHUv/EWwHrjgUwyaock=; + b=R5xRjwmFuG/FfTMVfteA3y4X2b8cJORHExN4T7w57ONah9ovIHX+uF/u3uKMC1Wdvu + 0hI9UZ1C3kzsRLmJcit5hz7LD8+Xu4uFZ/4q0DHCjaYItNlfRo7gpeWh4xEL/226sJJV + GdBlQ3VQCPAvPHC7GRwz1h3h6U3FQISZEs3VMrXp8GTjoJAFfnYwYZN2oCYqn5Cv3xJe + kSwOHKXJ9GGZAV41q30g7mq8e5ZOWdnqSdrz44wBv43i3LhpWK4oRTCQ4JZ3HAM2h7VM + Od41t91phQWubSEjQuxQcAboisd4lklDjJFOup6lHXP518EJ5y4WdJ1uwd0KyPrq7phV + KfqQ== +X-Gm-Message-State: ALoCoQmY504WHIJ8Zc64FGnmxy6yZPUKtaOQRniVEx9GnZiZQYUM7rfXCWa6sjrbuX4x/pRbkkmp +X-Received: by 10.181.13.112 with SMTP id ex16mr2320837wid.23.1394728163992; + Thu, 13 Mar 2014 09:29:23 -0700 (PDT) +MIME-Version: 1.0 +Received: by 10.194.82.197 with HTTP; Thu, 13 Mar 2014 09:29:03 -0700 (PDT) +In-Reply-To: <5321D95C.2070402@gmail.com> +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> + <CANEZrP2O4hDBiCNvO1oV5X7OtnQ4xVDD=RtozQY8ESRHgXQu9w@mail.gmail.com> + <CAJHLa0PB-V+KgEr5uCj+mceESggp8G4MmLGHHpz2UD_R_w-zfQ@mail.gmail.com> + <5321D95C.2070402@gmail.com> +From: Jeff Garzik <jgarzik@bitpay.com> +Date: Thu, 13 Mar 2014 12:29:03 -0400 +Message-ID: <CAJHLa0MrLGDVO7LFpUSb+LCxNjKebQQ7UHSwyWPYwzWw5WcbAw@mail.gmail.com> +To: Alan Reiner <etotheipi@gmail.com> +Content-Type: text/plain; charset=ISO-8859-1 +X-Spam-Score: -1.6 (-) +X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. + See http://spamassassin.org/tag/ for more details. + -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for + sender-domain + -0.0 SPF_PASS SPF: sender matches SPF record + -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from + author's domain + 0.1 DKIM_SIGNED Message has a DKIM or DK signature, + not necessarily valid + -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature +X-Headers-End: 1WO8Ve-0008Bf-Bf +Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net> +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 16:29:31 -0000 + +On Thu, Mar 13, 2014 at 12:14 PM, Alan Reiner <etotheipi@gmail.com> wrote: +> Of course, as Mike said, this ship may have already sailed, but if +> there's any way to revisit this, I'm there. We're just about to do +> another Armory release and could support this very easily. + +mBTC now just means the issue -will- be revisited in the future. Just +a question of when, not if. + +People and software in various nations handle big numbers for small +values (e.g. Yen) just fine. +People and software do -not- handle extra decimal places well, field +experience shows. + +<vendor hat: on> To roll out QuickBooks support --without converting +any numbers, a key financial attribute-- mBTC is simply insufficient +today, not in the future. + +I also argue that it is a security risk, as follows: To support +accounting packages limited to 2 decimal places, decimal point +conversion must be performed. This produces a situation where your +accounting system shows numbers that do not visually match the numbers +in the bitcoin software. That, in turn, making auditing more +difficult, particularly for outsiders. + +Shipping with mBTC defaults was decidedly unwise, considering that -- +like BTC -- it fails to solve existing, known problems that uBTC can +solve, and considering the inevitable mBTC->uBTC switch. + +-- +Jeff Garzik +Bitcoin core developer and open source evangelist +BitPay, Inc. https://bitpay.com/ + + |