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South and the West Indies, in reference to silver wedges cut or stamped from Spanish dollars (later Mexican reals) transferred to 'eighth of a dollar.' Bit : computerese word, 1948, coined by U.S. Two eighths equal one quarter, so a quarter equals two bits and a dollar still equals eight bits. Investment Outlook TwoBits, FourBits, SixBits, a Dollar Bond yields and stock prices are resting on an artificial foundation of Quantitative Easing credit. Money sense 'small coin' in two bits, etc. All those for Zorro, stand up and say so Bunny Wigglesworth: One bit, two bits, three bits, a peso. Since the currency of the United States is decimal based a dollar is no longer easliy divisible by eight, but it can be divided into fourths (quarters). All those for Zorro, stand up and say so Post author By quotegeek Post date No Comments on One bit, two bits, three bits, a peso. Unscrupulous people would even shave off a little of the gold in order to short-change others, conserving the scraps in order to mint new coins, etc. If we have 4 bits and each can be one of two values, then the number of combinations one can make with 4 bits is equal to 2222 24 16. A sequence of three bits can represent eight (2 3 23 2 3 2, cubed) different values. Two-Bits and other horses like him shared hard service and danger with the soldiers who rode. A single bit can only represent two different values. The practice was discarded because the pieces never broke evenly, so some of the bits contained more gold than others, even though they were supposed to be worth an equal amount. One bit, two bits, three bits, a dollar do you remember that playground song from your school days We used to sing it while jumping rope and we didn’t even know what a bit was in this sense. What is the rhyme 2 bits 3 bits a dollar - Answers Subjects > Arts & Humanities > Other Arts What is the rhyme 2 bits 3 bits a dollar Wiki User 22:43:51 Study now See. The Story The life of a cavalry horse was not an easy one. Therefore, a dollar was easily broken into eight bits. The "Spanish dollar" was also known as a "real de a ocho" or "piece of eight" because it was scored so as to be easily broken into eight pie-slice shaped pieces, or bits, each worth one real, for the ease of making change and to avoid the problem of minting more than one style of coin. Some are centuries old when it was really something special when a penny saved was a penny earned.

This name was transfered to the Spanish gold peso commonly used as currency in the American Colonies (due to scarcity of English specie and frequent trade with the Spanish colonies to the south) in the 18th century. Two bits, four bits, six bits, a dollar coins, fun, history, silver The original bit coin.

By the time of the Elizabethan era, Shakespeare was generically referring to money as "dollars". "Dollar" is a mispronunciation of "thaler", a German/Dutch nickname for guilders minted in the Bohemian town of Joachimsthal in the 16th century.