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Date: Sun, 20 Apr 2014 12:30:12 -0400
Message-ID: <CAB+qUq4m0-T6iL3rampmemVam5mgFScTOBCM3XrgXvUUJ12X_A@mail.gmail.com>
From: Chris Pacia <ctpacia@gmail.com>
To: Wladimir <laanwj@gmail.com>
Content-Type: multipart/alternative; boundary=089e0118226ca434f204f77be555
Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] "bits": Unit of account
Precedence: list

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You're correct, my impression of the term is based of what I experience in
the US. If it is more widely used in other cultures that should be a
consideration.
On Apr 20, 2014 12:27 PM, "Wladimir" <laanwj@gmail.com> wrote:

> On Sun, Apr 20, 2014 at 6:19 PM, Chris Pacia <ctpacia@gmail.com> wrote:
> > The term bit is really only overloaded for those who are techy. 95% of
> the
> > population never uses the term bit in their daily lives and I doubt most
> > could even name one use of the term.
> > Plus bit used to be a unit of money way back when, so this is kind of
> > reclaiming it. I think it's a great fit.
>
> That's a very anglocentric way of thinking.
>
> Here in the Netherlands, a "bit" is something you put in a horses's
> mouth. It's also used as imported word (in the information sense).
> We've never used the term for money.
>
> Wladimir
>

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<p dir=3D"ltr">You&#39;re correct, my impression of the term is based of wh=
at I experience in the US. If it is more widely used in other cultures that=
 should be a consideration.</p>
<div class=3D"gmail_quote">On Apr 20, 2014 12:27 PM, &quot;Wladimir&quot; &=
lt;<a href=3D"mailto:laanwj@gmail.com">laanwj@gmail.com</a>&gt; wrote:<br t=
ype=3D"attribution"><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0=
 .8ex;border-left:1px #ccc solid;padding-left:1ex">
On Sun, Apr 20, 2014 at 6:19 PM, Chris Pacia &lt;<a href=3D"mailto:ctpacia@=
gmail.com">ctpacia@gmail.com</a>&gt; wrote:<br>
&gt; The term bit is really only overloaded for those who are techy. 95% of=
 the<br>
&gt; population never uses the term bit in their daily lives and I doubt mo=
st<br>
&gt; could even name one use of the term.<br>
&gt; Plus bit used to be a unit of money way back when, so this is kind of<=
br>
&gt; reclaiming it. I think it&#39;s a great fit.<br>
<br>
That&#39;s a very anglocentric way of thinking.<br>
<br>
Here in the Netherlands, a &quot;bit&quot; is something you put in a horses=
&#39;s<br>
mouth. It&#39;s also used as imported word (in the information sense).<br>
We&#39;ve never used the term for money.<br>
<br>
Wladimir<br>
</blockquote></div>

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