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Bug 648627 - Support currency Bitcoin (BTC)
Support currency Bitcoin (BTC)
Status: RESOLVED DUPLICATE of bug 130920
Product: GnuCash
Classification: Other
Component: Currency and Commodity
unspecified
Other All
: Normal trivial
: ---
Assigned To: Frank H. Ellenberger
Depends on:
Blocks:
 
 
Reported: 2011-04-25 17:11 UTC by Pander
Modified: 2018-06-29 22:57 UTC
See Also:
GNOME target: ---
GNOME version: ---



Description Pander 2011-04-25 17:11:07 UTC
Please support the virtual currency called Bitcoin (BTC).

For more infromation, see
  http://www.bitcoin.org/
and
  https://secure.wikimedia.org/wikipedia/en/wiki/Bitcoin
Comment 1 Pander 2011-04-25 17:13:45 UTC
Unicode consortium still has to assign Unicode code for the currency sign for Bitcoin. When that is final, it will be reported here too.
Comment 2 Frank H. Ellenberger 2011-04-26 15:40:21 UTC
While Bitcoin has an interesting approach, it has at least now no entry the ISO 4217 currency map. 

For several reasons - we use the iso-codes library for translations and the ISO symbol to get exchange rates over finance::quote - a currency as understood in GnuCash must be defined by ISO 4217.

You can read the complete discussion in bug 130920 - User-defined currencies should be available.

So, what can you do?

Now you can define and use a security Bitcoin. The downside: You can not use bitcoin as the default or the report currency.

If bitcoin gets an ISO symbol reopen this bug.

If bitcoin is not accepted by ISO, you or somebody else could provide a patch for a currency namespace "user defined" and reopen bug 130920 and attach it there.

*** This bug has been marked as a duplicate of bug 130920 ***
Comment 3 Pander 2011-05-09 11:00:41 UTC
I have requested ISO to support BTC:


Please support the new Bitcoin currency code BTC in ISO 4217. For more information, see:
  http://www.weusecoins.com/
  http://bitcoincharts.com/markets/
  https://secure.wikimedia.org/wikipedia/en/wiki/Bitcoin
  http://www.bitcoin.org/


They have declined on the following reasons:


1. The currency code is not linked to any country code.
2. The currency code is considered a 'private currency' and not used for tender in any country.
3. There will be no international payments denominated in Bitcoin therefore an ISO currency code for the Bitcoin is not applicable. 
4. The Institution responsible for the Bitcoin does not appear to be recognized internationally or have any official status. Neither Reuters or Bloomberg provides market data related to its use. 


I have challenged all four points but without success, their reply was:


The EUR is linked to a country code (EU), Bitcoin is not. The Bitcoin is a private currency, because there is no governmental institution or monetary authority supporting it. The point in case is not whether a currency is public or not (Facebook Credits are also public but would not get an ISO code either). Finally, Bitcoin may not be denominated in any other currency. We are therefore obliged to definitely decline your request.


Please, someone provide a patch for BTC as user defined currency.
Comment 4 Frank H. Ellenberger 2011-06-03 18:42:14 UTC
BTW: BT is the ISO-3166-1-Code of Bhutan, so BTx is reserved for their currencies.
Comment 5 John Ralls 2018-06-29 22:57:19 UTC
GnuCash bug tracking has moved to a new Bugzilla host. This bug has been copied to https://bugs.gnucash.org/show_bug.cgi?id=648627. Please update any external references or bookmarks.