Sunday, 18 August 2019

On the topic of Bitcoin and currencies name confusion (Bitcoin Cash, Bitcoin SV, Bitcoin BTC, Ethereum ETH, Ethereum ETC..)

The topic of cryptocurrencies name confusion come back regularly.

It is often presented as a proof that Bitcoin Cash is trying to mislead newbie and steal the “Bitcoin” brand.

While I agree currencies sharing similar name can be confusing, the situation is not new and in reality extremely common.

It is actually relatively rare to have a currency with unique, non-shared name.

It is the norm, not the exception.

Any peoples with only a bit of knowledge should know this situation exist and be prepared for it when trading currencies whatever it is crypto or regular FIAT.

If anything crypto have shown so far a remarkable consistency. (Somewhat surprising as crypto are open source project while FIAT currencies are state enforced)

Here I collect some examples, the list is pretty exhaustive fell free to let me know if you have other examples I will add them to the list.

Dollars:

US Dollars USD

Australian Dollar AUD

New Zealand NZD

Barbadian dollars BBD

Bermudian dollars BMD

Brunian dollars BND

Bahamian dollars BSD

Belizean dollars BZD

Canadian dollars CAD

Finjian dollars FJD

Taiwan new dollars TWD

Pounds:

Britsh pounds GBP

Egyptian pounds EGP

Falkland island pounds FKP

Guerney pounds GGP

Gibraltar pounds GIP

Isle of man pounds IMP

Jersey pounds JE Lebanese pounds LBP

Sudanese pounds SDG

Saint Helenian pounds SHP

Syrian pounds SYP

Pesos:

Argentinian Pesos ARS

Chilan Pesos CLP

Combian Pesos COP

Cuban Pesos CUC

Dominican Pesos DOP

Mexican Pesos MXP

Philipine Pesos PHP

Uruguayan Pesos UYU

Rubles:

Belaruzian rubles BYB

Russian rubles RUB

Krona:

Nowegian Krona NOK

Swedish Krona SEK

Danish Krona DKK

Icelandic Krona ISK

Croatian Krona HRK

Czeck Krona CZK

Francs:

French francs (dead)

Swiss francs CHF

Francs CFA XOF

Burudian francs BIF

Congolese francs CDF

Djibutian francs DJF

Guinean francs GNF

Comorian francs KMF

Rwanda francs RWF

Dinars:

Bahraini Dinars BHD

Algerian Dinars DZD

Iraqi Dinars IQD

Jordanian Dinars JOD

Kuwaiti Dinars KWD

Lybian Dinars LYD

Serbian Dinars RSD

Tunisian Dinars TND

Shillings:

Kenyan shillings KES

Somali shillings SOS

Tanzanian shillings TZD

Ugandan shillings UGX

Rupee:

Indian rupees INR

Sri lankan rupees LKR

Mauritian rupees MUR

Nepalese rupees NPR

Pakistan rupees PKR

Seychellois rupees SCR

Indonesian rupiahs IPR

I recommend to link this post next time you encounter this argument again.

I think there is no need wasting energy debating such points.

It is a normal characteristics of currencies and while possibly annoying it has to be accepted (and is simply unavoidable).

Edit: format hate me

submitted by /u/Ant-n
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source https://www.reddit.com/r/btc/comments/cryv4p/on_the_topic_of_bitcoin_and_currencies_name/

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