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What's the proposed code? BTC?
by coob 14y ago
What's the proposed code? BTC?
- bhousel 14y agoIt should really start with an 'X', like the other commodities. (e.g. gold is 'XAU', silver is 'XAG'). 'XBC' makes sense to me.
- mistercow 14y agoXBC is already taken: http://en.wikipedia.org/wiki/European_Unit_of_Account http://en.wikipedia.org/wiki/European_Unit_of_Account
- bhousel 14y agoYes, I guess you're right. I didn't even know about the old Euro zone currencies. I guess SIX Interbank Clearing could pick another unused 'X' code.
- mistercow 14y agoISO 4217 [1] specifies that the first two letters in the currency code correspond to a ISO 3166-1 alpha-2 country code so using "BTC" would clash with Bhutan. Currency codes that aren't associated with countries typically start with an "X". For example, "XAU" is a troy ounce of gold, and "XBA" is for European Composite Unit. Unfortunately, "XBC" is used for European Unit of Account 9, but they could do something like "XBT" or "XCN" for BitCoin. [1] http://en.wikipedia.org/wiki/ISO_4217 http://en.wikipedia.org/wiki/ISO_4217