Oct 23, 2017
6:08 AM
 


QUESTION OF THE DAY:

[History]: Where did the expression "two bits" come from?
ANSWER:

During the 18th century, coins became popular throughout Europe as trading grew. One of the most widely used coins was the Spanish 8-reale. (Made famous by pirate stories, the Spanish silver coins were also called "pieces of 8"). The coins were often split into pieces, or bits, to make change. Half a coin was 4 bits, and a quarter was 2 bits - a term still used today.



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