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I'd throw in .01 or .02 BTC (what are we to call these, Bitcents?) for that, I tried to read the complaint but simply don't know enough about law, especially CA
by homosaur 13y ago
I'd throw in .01 or .02 BTC (what are we to call these, Bitcents?) for that, I tried to read the complaint but simply don't know enough about law, especially CA law, to interpret this until I read his comment. HN's greatest attribute is the wealth of experts in different fields that are here to help elucidate these complicated things for we the confused.
- TheAntipodean 13y agoI believe the preferred naming for 0.01 BTC is a Satoshi [1]. They were named such to honour the author of the original paper. [1] Third sentence: http://en.wikipedia.org/wiki/Bitcoin http://en.wikipedia.org/wiki/Bitcoin
- anateus 13y agoThe sidebar on the right mentions that a Satoshi is actually 0.00000001 BTC
- TheAntipodean 13y agoThank you. Round 3 =]
- tetrad 13y ago0.01 BTC is in fact a bitcent, and a Satoshi is much smaller (0.00000001 BTC) https://en.bitcoin.it/wiki/FAQ#What_do_I_call_the_various_denominations_of_bitcoin.3F https://en.bitcoin.it/wiki/FAQ#What_do_I_call_the_various_de...
- TheAntipodean 13y agoThank you for clarifying that. My mistake! Round two!
- redthrowaway 13y agoA Satoshi is defined as 10 ^ -8 BTC. Actually, it's more accurate to say that a Bitcoin is defined as 10^8 Satoshis, as the Satoshi is the actual atomic unit of exchange.
- TheAntipodean 13y agoAhh thank you for clarifying that. My mistake.