Bitcoin casino php round up number

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The way that bitcoin is deflating against fiat currencies means that very soon a single BTC is going to be useless for day to day use. This means that there are going to be a lot of zeros and points in funny places if we carry on with the current system.

  • The answer is by using existing fiat values.
  • This means that there are going to be a lot of zeros and points in funny places if we carry on with the current system.
  • Chances that the software is rigged are completely eliminated.

Maybe we need to start looking at this from the other side of the decimal point. Maybe its time to consider that the unit of interest to the public should be the Satoshi.

Bitcoin casino php round up number

A Big Mac would cost 0. Its still too big, and with the public being used to 5 numbers as a maximum while out shopping, it would make sense to carry on the tradition.

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What if it cost Satoshi and forget the decimal? From a commercial angle, why not call it As inflation kicks in and a Big Mac visit web page 0. Having a figure which is a fraction of a fraction is really hard work to compare with a positive number in the 10s or hundreds.

However, no real fiat is involved. This is achieved by allowing players to ensure that the gambling round outcome has been determined by their input and a secret random number. Merchants making many transactions would average out on the fx rate they receive. Would love some feedback on this idea!

From the wallet perspective, it should make no difference, its just how its presented. Would love some feedback on this idea!

For a while now I have been thinking that the twin Bitcoin "features" of many decimal places and serious deflation will be a real road-block to widespread casual adoption. People need to be able to quickly compare and absorb prices. How to do it?

A Big Mac would cost 0. So, what is needed is a new type of "virtual fiat" wallet, call it the VF-Wallet and similarly for clients, a VF-Client. This is achieved by allowing players to ensure that the gambling round outcome has been determined by their input and a secret random number. However, no real fiat is involved. The answer is by using existing fiat values. From the wallet perspective, it should make no difference, its just how its presented. Its bitcoin casino php round up number too big, and with the public being used to 5 numbers as a maximum while out shopping, it would make sense to carry on the tradition. For a while now I have been thinking that the twin Bitcoin "features" of many decimal places and serious deflation will be a real road-block to widespread casual adoption. What these do is allow users to select from a multi-choice the fiat they are used to, then it displays all the price values in fiat.

The answer is by using existing fiat values. So, what is needed is a new type of "virtual fiat" wallet, call it the VF-Wallet and similarly for clients, a VF-Client.

What these do is allow users to select from a multi-choice the fiat they are used to, then it displays all the price values in fiat. However, no real fiat is involved. The actual transaction takes place entirely in Bitcoin with an fx rate determined by a weighted average of the main Bitcoin exchanges last execution price.

People need to be able to quickly compare and absorb prices. The way that bitcoin is deflating against fiat currencies means that very soon a single BTC is going to be useless for day to day use. Having a figure which is a fraction of a fraction is really hard work to compare with a positive number in the 10s or hundreds. Maybe we need to start looking at this from the other side of the decimal point. Would love some feedback on this idea!

Merchants making many transactions would average out on the fx rate they receive.

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6 Comments
  1. Bitcoin casino php round up number
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