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Maybe yes for USA or UK users and some others, but not for rest of the world.

I know that 7.4k is 7400,  but that is not case for all in rest of the world nor for especially older generations.

Same is with date format.

Except USA and some other countries we all write day - month - year,  for example 27.11.2016. not 11/27/2016

So I totally disagree to make rest of the world to be like USA