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Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 11/11 - One loose end: Bitcoin has no ISO 4217 code. XBT is compliant; BTC starts with Bhutan's country code. The committee tasked with fixing it apparently never succeeded.
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Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 10/11 - Unicode accepted the proposal in a month. On June 20, 2017, Unicode 10.0 released ₿ as code point U+20BF — the first new currency symbol added to Unicode in 24 years. The last had been the Korean won ₩ in 1993. ₿ was listed as an 'important symbol addition.'
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 9/11 - Unicode had questions about the Thai baht resemblance. Shirriff's rebuttal: ₿ traces to Satoshi's letter B, not the baht. The dollar sign — the world's most recognized currency symbol — originally had two vertical bars too, before one was quietly dropped. Symbols drift.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 8/11 - The Foundation's push stalled. Then Ken Shirriff stepped in — a hacker who'd mined Bitcoin with pencil and paper and on a 52-year-old computer that helped guide Apollo to the moon. In October 2015, he filed the formal Unicode proposal himself.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 7/11 - They also had to tackle denominations. The Bitcoin wiki in 2014 listed twelve sub-BTC units, including millibitcoin, microbitcoin — and 'bitcoinbong.' The committee was supposed to standardize all of it. Only 'satoshi' survived, and never by committee decree.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 6/11 - The Bitcoin Foundation formed a volunteer Standards Committee with two jobs. First: get ₿ into Unicode. Second: fix the currency code. BTC violates ISO 4217 — 'BT' is Bhutan's country code. The ISO-compliant version, XBT, was already in use at Bloomberg.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 5/11 - The alternatives weren't great. Ƀ (a Latin B with a stroke, U+0243) had supporters and appeared in some early wallets, but never caught on. Others just wrote BTC. No standard existed, and no process to create one — until June 19, 2014.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 4/11 - The problem: ฿ was already in Unicode as the Thai baht — the national currency of 70 million people. Early Bitcoiners borrowed it because it was right there. Critics were blunt: 'You cannot and should not just steal a symbol from an existing currency.'
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 3/11 - The design itself came from Satoshi. The ₿ first appeared when he replaced the Bitcoin client's 'BC' logo with an icon: a capital B with two vertical bars visible at the top and bottom. Bitcoin's creator also sketched its symbol. It just wasn't officially anyone's to use.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 2/11 - Every major currency has a symbol any keyboard can produce: $, €, £, ¥. That shortcut matters — no ambiguity, no workaround, no typing 'BTC' and hoping the other person understands. In 2014, Bitcoin had been moving billions of dollars for five years without one.
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