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

Tamas Blummer tamas at bitsofproof.com
Mon Apr 21 12:24:36 UTC 2014

xbit is close to XBT because it would be the same unit, both would mean 100 satoshi or 1e-6 Bitcoin.

xbit would be for everyday use, XBT for ISO.

I know, the XBT was used by some sites to be a synonym for BTC that is however in my opinion not yet graved in stone until it is used by e.g. Bloomberg.


Tamas Blummer

On 21.04.2014, at 14:14, Un Ix <slashdevnull at hotmail.com> wrote:

> Tamas,
> "xbit" is only a typo or spelling error away from "XBT", and some folks may assume they refer to the same unit of measure, not knowing the new currency system as developers here do.

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