>> (p.1)
    Author Topic: Scary Decimals and Public Adoption of Bitcoin  (Read 934 times)
    GoWest (OP)
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    July 23, 2011, 03:25:36 AM
     #1

    There have been several threads about creating a standard for the nomenclature to describe fractions of Bitcoins, using names, the metric system, colors, etc...

    What if the client simply used updated exchange rates?  Let's say I want to send money to my buddy in Euros.  The client can simply download the latest exchange rate off of Mt.Gox (or Tradehill or whomever), the user can enter the amount in Euros, and hit send.  Even if it comes out to 0.0035982BTC, it would be completely transparent to the user.

    Maybe 10-15 years from now, Bitcoins will be able to stand on their own (or not), but until that happens, why not have the client use conventional currencies alongside the Bitcoin value?

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