My opinion is here:

https://bt.irlbtc.com/view/593705.msg6527215#msg6527215

I know exactly what it means.  The purpose of this poll is not to determine the consensus, but to build it.  This poll will let people know what choices other people prefer.  Most people who support unpopular choices will recognize that and start considering the more popular choices.  So the result of this poll will be that popular choices are strengthened at the expense of weaker choices.  This gets us closer to consensus.

It's going to simply be called "bit". Example: "That'll be 4550 bits for your coffee."

http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html

Obviously using standard metric prefixes makes more direct logical sense, but we have to be sensitive to public "layperson" perceptions here. Metric prefixes seem too techy/confusing to most people, and "bits" seems fairly natural to say and reasonably non-techy. Yet it also successfully conveys a sense that this is next-gen "internet money" *and* it has monetary vernacular ties to the past.

^ That's my two bits, at least.

Is there anywhere else in the field of money that people use SI prefixes?

I have never heard of a kilodollar, megadollar, millidollar, etc.  Does any country use SI prefixes for their money?

I don't know whether BitPay will succeed with this, but this is the way to gather real consensus and bring about change - if it's a popular change with BitPay users, those users will help spread it, other merchants will start using it.

The dollar is broken into cents, not centidollars.  The cent symbol is ¢ rather than c$.

The Euro had the opportunity to be a metric currency, but it isn't.

Dollar: Yes, that's right. This predated the formal adoption of the metric system, and the centuries of revision that have followed. The first version of the metric system, the system adopted by France, used 1s and hundreds (an "are" was (is still) 100 square metres, for example).

Euro: the Euro uses cents (or "cent", according to Brussels) as the hundredth division of the Euro). But since the US dollar every currency has moved to a 10^x system - GBP was the last hold-out so far as I know.

we have a winner, please add to the choice list.

 

You must be new around here.