sure it is! blockchain.info and qt wallets both allow you to view your balance in BITS already.

i only saw wallets that either display in bits or BTC, never both, maybe thats the best approach  just throwing an idea out there.

yes, i see that, and thats good, but what does it default to? when i send a payment and i want to send it in BTC but my Qt or blockchain wallet is set to bits, will i need to go into the setting and then send my BTC payment out and then set it back to bits ? thats a bitch, wallets need to be able to switch from BTC BITS on the fly, as i am about to make a payment, some sites will quote prices in BTC some in BITS, needs to be fast and easy to switch back and forth when making a payment.


if we all just leave this up in the air, no standards defined anywhere, let everyone do their own thing, and hope it all sorta works out in the end, its going to get really messy and hard to work with... how do i pay a site that prices things in mBTC when my blockchain wallet doesn't even have a setting for mBTC??? ( if you think its no problem just multiply it by 10 and you get the BTC amount, then your voting that we simply accept the way things are and make due... we can do better -_- ) we need to think about these thing, discuss them, draw out some standards,  maybe drop mBTC because it just making things just that much more complicated.

Bits sounds professional too.

I like how "bits" sounds.

It's professional and simple.

And as the value per bitcoin increases, the utility of "bits" will still be usable for a long time. For example, it may cost 5,000 bits for a cup of coffee now (I haven't done the exact math).

But eventually it will only be 50 bits, for a cup of coffee, for example.

It will save us from having to rename the common unit for a long period of time.

I am not sure why we need yet another poll on this.

I still hate 'bits' because I (and others) will find it confusing. Others will come in with other seemingly confusing examples to try to prove I can handle it with my big-boy pants.

The poll is also strangely worded; in terms of the current exchange rate: which I doubt is finished moving around.

One thing I do support is:

• 10⁸ Satoshies = 1 BTC
  
• 100 Satoshies = 1 XBT (ISO 4217 compliant)

That solves the problems with financial software assuming 2 decimal places. It also avoids confusion because the XBT term is not widely used yet.

Of course, calling XBT=100 Satoshies "one Bitcoin" would cause confusion.

so this is poll number 1million and thread number 10 million all about the topic of bits.. and so far bits is in the lead....

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hopefully the OP and all the other posts they cry about bits, will realise that although the poster doesnt like it, the majority of others that bother reading these endless topics keep highlighting that bits is good.

you can try twisting the words all you like but every poll that has asked about bits has shown bits to be best.. can we finally just accept it and move on

- ISO 4217

$5 is about 0.0125BTC,NOW

We should talk in BTC to talk big amounts, bits for single digit dollar ammounts, satoshis for cents of dollars.