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Offline DACSunlimited

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[CLOSED] Name the main currency in BTSX DAC
« on: July 20, 2014, 05:49:58 PM »

-update
BTSX is hard coded. So, no rename.
--------------------------------------------
A name for the currency unit is needed. BTS X is good for the name of the DAC. But when it comes to currency, unit name needs to be short and easy to pronounce. Ideally, two syllables.

This is a problem for bitcoin too. "Bitcoin" is the name both for the network and for the currency, and it confuses people.

Any idea ?
« Last Edit: July 20, 2014, 06:45:14 PM by DACSunlimited »


Offline Simeon II

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Re: [Survey] Name the main currency in BTSX DAC
« Reply #2 on: July 20, 2014, 06:03:05 PM »
On a serious note, I suggest

Perper

 It was a ‘ancient’ coin btw and sounds a bit like p2p.

* the perper was a large unit of currency: the imperial tax was one perper per year per house

Offline Empirical1

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Re: [Survey] Name the main currency in BTSX DAC
« Reply #3 on: July 20, 2014, 06:21:33 PM »
On a serious note, I suggest

Perper

 It was a ‘ancient’ coin btw and sounds a bit like p2p.

* the perper was a large unit of currency: the imperial tax was one perper per year per house


Sounds too much like 'Paper' in English to me and I don't think being associated with paper/fiat currencies is good imo :)

Offline chryspano

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Re: [Survey] Name the main currency in BTSX DAC
« Reply #4 on: July 20, 2014, 06:37:54 PM »
X-bits

Offline Empirical1

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Re: [Survey] Name the main currency in BTSX DAC
« Reply #5 on: July 20, 2014, 06:47:05 PM »
Minerva          (Etruscan: Menrva) was the Roman goddess of wisdom and sponsor of arts, trade, and strategy
http://en.wikipedia.org/wiki/Minerva

Fortuna          (Latin: Fortūna, equivalent to the Greek goddess Tyche) was the goddess of fortune and personification of luck in Roman religion. She might bring good luck or bad: http://en.wikipedia.org/wiki/Fortuna


« Last Edit: July 20, 2014, 06:49:09 PM by Empirical1 »

Offline jae208

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Re: [CLOSED] Name the main currency in BTSX DAC
« Reply #6 on: July 20, 2014, 06:52:04 PM »
But I thought it really wasn't meant to be a currency.

How about Bitshares?  It's two syllables.
Plus I think changing it to something else would be a terrible idea.
http://bitsharestutorials.com A work in progress
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https://www.youtube.com/user/BitsharesTutorials

Offline bitmeat

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Re: [CLOSED] Name the main currency in BTSX DAC
« Reply #7 on: July 20, 2014, 07:00:54 PM »

Offline Empirical1

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Re: [CLOSED] Name the main currency in BTSX DAC
« Reply #8 on: July 20, 2014, 07:02:45 PM »
But I thought it really wasn't meant to be a currency.

How about Bitshares?  It's two syllables.
Plus I think changing it to something else would be a terrible idea.

Yeah well I don't think any of the other crypto-currencies have a separate name, though sometimes they're referred to by their 3 letter abbreviation. So I often call Ripple, PeerCoin & Bitcoin  - XRP, PPC & BTC for example, so what's our three letter currency abbreviation, I forgot? BTX?

Tuck Fheman

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Re: [CLOSED] Name the main currency in BTSX DAC
« Reply #9 on: July 20, 2014, 07:07:06 PM »
How about ... itsnotfiat or betterthanUSD or personalreserve or personalmonetaryfund or suckitIRS ... insert coin afterwards if applicable.  ;)

Offline toast

Re: [CLOSED] Name the main currency in BTSX DAC
« Reply #10 on: July 20, 2014, 07:10:01 PM »
Why do we need this? Why not just BTSX? Consider what units you are comparing to:

Bank of America Stock  - 6 syllables
bee tee ess x  -  4 syllables

BitShares X is the network
BTSX is the unit


Don't fix what's not broken
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

bitbro

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Re: [CLOSED] Name the main currency in BTSX DAC
« Reply #11 on: July 20, 2014, 07:13:50 PM »
BitX, BitUSD etc.


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Offline Empirical1

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Re: [CLOSED] Name the main currency in BTSX DAC
« Reply #12 on: July 20, 2014, 07:47:33 PM »
Why do we need this? Why not just BTSX? Consider what units you are comparing to:

Bank of America Stock  - 6 syllables
bee tee ess x  -  4 syllables

BitShares X is the network
BTSX is the unit


Don't fix what's not broken

Because X can be used as a functional currency, I think we will be comparing it more to the likes of Dollar/Euro/Pound/Yen than 'bank of america stock'   

However I think BTSX is fine and I think people may just start referring to it as 'X' which I think is pretty cool.

Offline jae208

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Re: [CLOSED] Name the main currency in BTSX DAC
« Reply #13 on: July 20, 2014, 11:55:38 PM »
Why do we need this? Why not just BTSX? Consider what units you are comparing to:

Bank of America Stock  - 6 syllables
bee tee ess x  -  4 syllables

BitShares X is the network
BTSX is the unit


Don't fix what's not broken


 +5% +5% +5%

Amen!

As I previously mentioned the units aren't even meant to be used as currency but rather as shares.

I see Bitshares X as the DAC and network and BitShares as the shares within the DAC that you trade and use as collateral.
http://bitsharestutorials.com A work in progress
Subscribe to the Youtube Channel
https://www.youtube.com/user/BitsharesTutorials

merockstar

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Re: [CLOSED] Name the main currency in BTSX DAC
« Reply #14 on: July 21, 2014, 12:12:55 AM »
Everything I've read, and written has referred to units as just "Bitshares." changing it would effectively confuse people, the same way they got confused when Protoshares became BitShares-PTS

I think BitShares/BTSX is just fine.

+5% to toast's comments.

 

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