Post
Topic
Board Bitcoin Discussion
Re: How much is 1 bit?
by
DannyHamilton
on 20/05/2014, 16:39:41 UTC
A bit is a micro-bitcoin. This leaves two decimal places...

Now that's just silly.

I don't know anybody that uses the word in that way. That seems like a great way to cause confusion.

With that usage you can't shorten the word "microbitcoin" to "microbit" in conversation, since microbit would apparently actually mean micromicrobitcoin? Bah, that's just ridiculous.

I think I'll stick with the usage I hear regularly.