[Bitcoin-development] "bits": Unit of account

Pavol Rusnak stick at gk2.sk
Sun Apr 20 18:10:10 UTC 2014

On 04/20/2014 06:56 PM, Mike Caldwell wrote:
> I consider overload/conflict with existing meanings of "bit" as a non-issue for typical population at large. 

So far I have not seen any reasonable name except for "bit". I also
tried to come up with something else (e.g.naka, toshi, etc.) to avoid
the confusion with bits used in computing, but I was not satisfied with
neither of them.

Then I though about "credit", which is more-or-less established in video
games and sci-fi literature and people are already used to sentences
like "Not enough credits" or "This item costs 10000 credits", because of
this. Also it would be particularly funny if these sci-fi pieces
predicted the future by actually defining it. ;-)

Another options might be "cubit" or "crebit", but the latter is
sometimes used as a compound word meaning both "credit" and "debit" such
as in "You can use crebit cards here".

Also this Wikipedia source is a list of sometimes rather funny
possibilites: https://en.wikipedia.org/wiki/List_of_fictional_currencies

Best Regards / S pozdravom,

Pavol Rusnak <stick at gk2.sk>

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