When I hear 'bit' in the cointext of Bitcoin I think of it as a satoshi, i.e. the smallest denomination. I know a lot of people tend to use it to refer to a bitcoin as it rolls of the tongue a little easier in conversation.
Same. A bit just sounds like a tiny piece of a coin. All the denominations are confusing though.
Post
Topic
BoardBitcoin Discussion
Re: The CEO of BTC China :it will not ban virtual currency completely
by
Trashbat
on 20/05/2014, 13:58:32 UTC
I wouldnt worry about China too much. China isnt the world.