Problem

Dash's "street" unit (i.e. DASH) is not suited for use as a currency

Problem?

• Is this a problem now?  In the future?
• What is dash aiming for?
  • Be a better payment processor?
  • Be a better money / currency?
• Do we suppress, or promote units?
  • Perceive purchasing power increase

Problem: psychological

• Dash feels expensive to buy

• People feel they own little

Problem: technical

• Existing software uses 100 subunits

Problem: practical

• Difficult to grasp how much you paid
• 0.008194 is just a meaningless number
• Awkward:
  • "123 thousandths of a dash"
  • "point 123 dash"
• Natural
  • "123 thousand dash"

Solution

Redefine the street unit

Solution: possibilities

• Scientific units (e.g. μDASH)
• New names (e.g. "dots")
• Hide the units
• Hope for the best
• Re-denomination

Solution: re-denomination

• Now: 1 DASH = 100,000,000 DUFF
• Option: 1 DASH = 100,000 DUFF
• Proposed: 1 DASH = 100 DUFF

Costs & Benefits

Will cost time & money...

but it will accelerate adoption, 

which will lead to higher dash price

Benefits

• whole numbers > than decimal units
• no complex naming conventions
• compatible with financial software
• aware of purchasing power increases
• show agility of dash governance

Costs

• core & 3rd party software updates
  • exchanges, MN services, wallets
  • libraries & tools
• documentation updates
• community education

Appendix

Links

• http://www.coindesk.com/breaking-down-btc-bit-by-bit/
• https://www.reddit.com/r/dashpay/comments/5zj0qj/hey_community_lets_invent_a_name_for_millidash/