[Bitcoin-development] moving the default display to mbtc

Mark Friedenbach mark at monetize.io
Thu Nov 14 22:21:56 UTC 2013


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On 11/14/13 2:00 PM, Alan Reiner wrote:
> Just keep in mind it will be a little awkward that 54.3 uBTC is
> the smallest unit that can be transferred [easily] and the standard
> fees are 500 uBTC.    It's not a deal breaker, it's just something
> that needs to be taken into consideration when it comes to user
> perception (which is one of the reasons we would make such a change
> in the first place).
> 
> "Holy crap these fees are huge!  I thought Bitcoin didn't have
> fees!"

Well.. they are huge. 20 cents suggested fee for a irrevocable
transaction?
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