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Topic: The "bit" in Bitcoin - page 2. (Read 2755 times)

legendary
Activity: 1764
Merit: 1002
August 16, 2012, 11:49:32 PM
#10
Are you American?  I'm guess no, because the term bit hasn't been used here in about 100 years.

So the slang "two-bit" (such as a "two-bit company") is not used in the US (thought I'd read some joke about Microsoft Windows years ago that had that term in it)?

Yes, that specific phrase is used occasionally to mean something cheap/worthless, but that's the only usage I've ever heard,

"i'm feeling a bit tired".
legendary
Activity: 1904
Merit: 1002
August 16, 2012, 11:43:42 PM
#9
Are you American?  I'm guess no, because the term bit hasn't been used here in about 100 years.

So the slang "two-bit" (such as a "two-bit company") is not used in the US (thought I'd read some joke about Microsoft Windows years ago that had that term in it)?

Yes, that specific phrase is used occasionally to mean something cheap/worthless, but that's the only usage I've ever heard,
legendary
Activity: 1764
Merit: 1002
August 16, 2012, 11:31:25 PM
#8
I dunno what Satoshi was thinking but his coin bit me.

how businesses have name variations from those 3 words:  Coinbit, Bitcoin, Bitme.  there is a Coinbit isn't there?  Cheesy
member
Activity: 98
Merit: 10
(:firstbits => "1mantis")
August 16, 2012, 11:28:38 PM
#7
Is the Bit in Bitcoin the 1.0 or the 0.00000001?
hero member
Activity: 784
Merit: 1009
firstbits:1MinerQ
August 16, 2012, 11:22:24 PM
#6
Oh, won't the banks be bitter when Bitcoin becomes more popular than they.
legendary
Activity: 1890
Merit: 1072
Ian Knowles - CIYAM Lead Developer
August 16, 2012, 11:09:10 PM
#5
Are you American?  I'm guess no, because the term bit hasn't been used here in about 100 years.

So the slang "two-bit" (such as a "two-bit company") is not used in the US (thought I'd read some joke about Microsoft Windows years ago that had that term in it)?

From http://c2.com/cgi/wiki?MicrosoftWindows:

Windows was once famously described as "32 bit extensions and a graphical shell [on top of] a 16 bit patch to an 8 bit operating system originally coded for a 4 bit microprocessor, written by a 2 bit company, that can't stand 1 bit of competition." This was attributed to Art Bahrs (an HP guy) in Aug 1997, although it probably predates that.
legendary
Activity: 1246
Merit: 1014
Strength in numbers
August 16, 2012, 11:08:05 PM
#4
I dunno what Satoshi was thinking but his coin bit me.
legendary
Activity: 1890
Merit: 1072
Ian Knowles - CIYAM Lead Developer
August 16, 2012, 11:07:02 PM
#3
Are you American?  I'm guess no, because the term bit hasn't been used here in about 100 years.

So the slang "two-bit" (such as a "two-bit company") is not used in the US (thought I'd read some joke about Microsoft Windows years ago that had that term in it)?
legendary
Activity: 1904
Merit: 1002
August 16, 2012, 11:01:05 PM
#2
Bit - it has two relevant meanings for BTC.  The lesser known one is a slang term in many western countries for cash (eg, a US bit is worth 1/8 USD...see http://en.m.wikipedia.org/wiki/Bit_(money) )

If there is an intentional double entendre here and Satoshi thought of it...perhaps he was, culturally speaking, western and not Japanese. His posts sound American to me, but I've only read a few.

Are you American?  I'm guess no, because the term bit hasn't been used here in about 100 years.
donator
Activity: 1463
Merit: 1047
I outlived my lifetime membership:)
August 16, 2012, 10:58:57 PM
#1
Bit - it has two relevant meanings for BTC.  The lesser known one is a slang term in many western countries for cash (eg, a US bit is worth 1/8 USD...see http://en.m.wikipedia.org/wiki/Bit_(money) )

If there is an intentional double entendre here and Satoshi thought of it...perhaps he was, culturally speaking, western and not Japanese. His posts sound American to me, but I've only read a few.
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