Bitcoin : BIP draft from [bitcoin-dev]: Suggestion for a universal bitcoin value scale (color codes)
#Abstract
A universal bitcoin value color scale is presented here as a way to creating an easy visual aid for insuring correct amounts in transactions.
#Motivation
The motivation behind this BIP is in line with BIP 176 by Jimmy Song. The bitcoin price has grown over the years and once the price is past $10,000 USD or so, bitcoin amounts under $10 USD start having enough decimal places that it’s difficult to tell whether the user is off by a factor of 10 or not. This proposal is a supplement to the BIP 176, utilizing the digital nature of bitcoin, to allow a visual aid in the bitcoin transactions. This is doing to insure a common understanding of the amount in question between the parties trading.
Potential benefits of utilizing ” A universal bitcoin value color scale” include:
1. Reduce user error on bitcoin amounts.
2. Allow easier comparisons of prices for most users.
3. Using a visual aid makes transactions easier for people with dyscalculia.
4. Allow easier bi-directional comparisons to altcoins and fiat currencies.
[**PDF**](https://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20180818/38605387/attachment-0001.pdf)
[**Example Picture**](https://pbs.twimg.com/media/Dk7RpJeW4AA3qJ_.jpg)
Bitcoin
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