Bit (unit)

Some people advocate the term bit to refer to one microbitcoin (a millionth of a bitcoin).

See also: Units

Criticism

Many people think this term is confusing. For example "bit" is also a portmanteau of "binary digit", a basic unit of information used in computing that can have only one of two values (either 0 or 1).[1]

References
  1. https://en.wikipedia.org/wiki/Bit

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