Yahoo and Google start to list Bitcoin (BTC) currency

[Rainer Dorsch]

On Saturday 28 June 2014 16:18:33 you wrote:
> On Jun 28, 2014, at 12:20 PM, Rainer Dorsch <ml at bokomoko.de> wrote:
> > Hello,
> > 
> > Yahoo and Google start to list the bitcoin currency
> > 
> > http://thenextweb.com/google/2014/06/12/google-and-yahoo-finance-now-show-> 
> the-price-of-bitcoin/
> > 
> > e.g.
> > 
> > http://finance.yahoo.com/q?s=BTCUSD=X
> > 
> > What is the status of the addition of BTC to gnucash?
> 
> You could use it now as a security (which the US Internal Revenue Service
> requires), except that the max denominator is still 1E6. You could work
> around that by using milli-bitcoin with a 1E5 max denominator.
> 
> 2.8 will be able to support the additional required precision, though
> Christian Stimming and I are at the moment having a frank discussion about
> what's the best way to get there: See the "Rethinking Numerics" thread in
> this list.
> 
> It isn't going to be treated as a currency until the ISO's 4217 Maintenance
> Agency says it is one.
> 

The downside of not treating it as a currency is that its "exchange" rates may 
not be maintained through finance::quote.

Why do you want to limit gnucash to the performance of a (slow moving?) 
standardization organization?

Rainer


-- 
Rainer Dorsch
http://bokomoko.de/