I think that using any existing currency's symbol will cause potential confusion. Another disadvantage of that symbol is that it is not a key on most keyboards, so it would not be able to be typed easily. I would think that the ampersand (&) would be a better choice.

I agree that its three-letter code could be BTC.

BTC has already become the standard for the three-letter code I think and it makes a lot of sense.

Using ฿ as the currency symbol I think is acceptable and I approve of the choice.

The fact that it is not on many keyboards could easily be overcome by including it in a copy paste box in the Bitcoin application in future versions, if it is adopted as the official symbol.

For any windows or mac users that don't have M$ Office products the symbol is available using OpenOffice.org free and open productivity suite alternative.

Insert > Special Characters ( Font = Tahoma , Subset = Thai )



P.S. Maybe one day we might be able to trade BTCUSD in a Meta Trader style application ! 

Do as you see fit, but personally I'd just go with bc or btc to avoid confusion.

The Baht symbol alone Could Cause some Confusion yes, but combine it with the symbol for the Costa Rican Colón and you get;

฿₡

so you could say, please send me ฿₡50.00.  

It is not unheard of to use two or more symbols to represent a currency, for example:

the Nicaraguan Cordobas uses: C$
the Dominican Peso uses: RD$

EDIT: Remember when you could buy a shave and a haircut for "two bits"?  Well that day may soon come again.

There's nothing wrong with multiple currencies using the same symbol. But I think you are going to spend more times having that proposal. But for me, I will support you on that idea. Good luck!

I agree.Let the market decide.

Standards dont come from force......

You simply cannot use an already existing currency symbol for a new currency. Period.

Also I'm not to partial to the "let's use a letter and put one or two stripes through it" idea. I associate it with a certain fiat currency and subjectively makes me feel like it's not something serious. Don't know why, but it bothers me.

Great Idea. It seems we had it staring us in the face the whole time.

Hogwash to both of you. Go tell that to the Mexicans, who don't seem to have much trouble distinguishing their $ (peso) from $ (USD). Or to the Canadians or Australians or Kiwis who use $ for dollar. Or to the Danes, Norwegians, Swedes, Icelanders and Estonians, all of which use(d) "kr" for local variations of "crown". Or the Costa Ricans and Salvadorans, both of whom use ₡ for their currency symbol.

IMHO, introducing a new symbol that's not already in Unicode is a poor idea. It took a year and a half for the € (euro currency) symbol to be included in the Unicode standard after the European Commission released the design, and that's the kind of lead time you might look forward to for an "official" government currency.

There are a whole bunch of viable existing "b" codes already in Unicode. Some of them here: http://www.fileformat.info/info/unicode/char/search.htm?q=B&preview=entity I'm partial to the circle-b/B ones myself.

It's a great idea – the problem is, this character is a little difficult to read. On my computer, all I see is a circle with a thick, textured, grey-ish border.