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

Gmail will.yager at gmail.com
Sun Apr 20 19:32:26 UTC 2014


People in the Bitcoin community are sometimes resistant to the idea of using the word "credit" as a unit of Bitcoin, because Bitcoin is not a credit-based system. 

However, given that the average person has close to no understanding of what "credit" means, and probably no concern for the distinction even if they do know, it may be wise to use the futuristic and easily understandable "credit" as our human-friendly unit. 

Do others agree that "credits" as a unit of account has a desirable futuristic connotation?

Will

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