DESIGNATION
To shorten, the abbreviation BTC is often used instead of the word 'Bitcoin'. This notation is similar to currency codes; however, a similar code has not been assigned by the international standard ISO 4217. On October 7, 2014, the Bitcoin Foundation published plans to achieve standardization of the code for bitcoins. The notation BTC contradicts the accepted system in the standard — naming 'global goods' starting with X (for example, gold has the code XAU). The option XBT is considered as a candidate.
When referring to BTC or XBT, it means the unit of account, not the network, set of algorithms, or any other thing that belongs to them. The Bitcoin sign has been approved for inclusion in the planned Unicode standard version 9.0, and it has been assigned the number U+20BF[5]. Sometimes the symbol ฿ — the Thai baht sign is used, but it is not compatible with all encodings and fonts. The URI scheme 'bitcoin:' is officially included in the WHATWG specifications for HTML5. Bitcoin is also planned to be added to the list of currencies in Microsoft Excel 2016
