t;>> -bit used to be a unit of money way back when. This largely reclaims it.
>>> -when used as money bit when in references to a precession metal coin.
>>> The name 'bitcoin' references that as well as the mimicking of the gold
>>> standard in th
I agree with the sentiment that most people don't understand either computer
science or Bitcoin. The goal of getting people to understand enough about
Bitcoin to use it is achievable and a goal that is "in scope" of our efforts.
Getting them to understand computer science at large at the same t
bit.
My 2 cents goes for "bit".
Because: Bitcoin is a digital currency, BTC starts with "bit", "bit" refers to
a small amount of something in its regular english usage and lastly 99.9876543%
of people on the planet don't know what a digital "bit" i
Also, hi. My first post; plan to get involved over the southern hemisphere
winter if I can learn enough.
On Apr 20, 2014 4:32 PM, "Mike Caldwell"
mailto:mcaldw...@swipeclock.com>> wrote:
By culturally neutral I mean we avoid deliberately invoking a cultural
reference in the name.
By culturally neutral I mean we avoid deliberately invoking a cultural
reference in the name. For example "satoshi" would be a reference to Japanese
culture just for being a common Japanese name regardless of who Satoshi turns
out to be.
Mike
Sent from my iPhone
> On Apr 20, 2014, at 1:20 P
Mainly because it is short, memorable, effectively leads the listener to infer
the proper meaning, is culturally neutral, is easy to say by speakers of just
about any language, and many other reasons.
Mike
Sent from my iPhone
> On Apr 20, 2014, at 12:23 PM, "Arne Brutschy" wrote:
>
> agree
It is a paradigm that is easy to explain and grasp for neurotypical people.
The average mind has no problem overloading words and distinguishing the
intended meaning from context. For most people, overloading a single syllable
word with a new meaning is much less complicated than using a unique
As someone who has put a lot of thought into how to best help typical everyday
people understand bitcoin, I strongly favor 1 bit = 1e-6 BTC as being very
straightforward to explain to non technical types, and also XBT as one "bit".
"There are a million bits in a bit coin" is highly intelligible
For what it's worth, once upon a time I pushed this agenda on Bitcointalk. I'd
say early 2011 or so. The response I got was so strong and unanimous in favor
of this point being absolutely non-negotiable that if the money supply were
anything other than fixed, Bitcoin may as well be pretend e-d
perseded, I
hope there can be a consensus that "BIP38" can continue to be understood to
mean "Password-protected private key proposal by Mike Caldwell", and that it
can appear in the lists of BIPs alongside others.
Regarding "BIP 22"... I in fact did not origina
Hey everyone,
I have noticed that there was a recent change to BIP 0038 (Password-Protected
Private Key) on the Wiki, which is a proposal I wrote in late 2012. Gregory,
it looks to me as though you have made this change, and I'm hoping for your
help here. The change suggests that the number w
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