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First recorded activity by BoatBanter: Mar 2008
Posts: 1,643
Default Deep into trivial thought....

On Fri, 8 Aug 2008 04:00:53 -0700 (PDT), Tim
wrote:

On Aug 8, 5:53 am, Short Wave Sportfishing
wrote:
On Thu, 7 Aug 2008 22:04:08 -0700 (PDT), Tim
wrote:

Did you ever wonder why the heater fan in your car operates from low-
medium-high, while a typical box window fan operates from High-medium-
low?


I was just thinking about that.


hmm....


Oh yeah, I never figured out how 8 "bits" could equal $1.00 either...


Believe it or not, it's related to the Spanish dollar or real. Back
during the Spanish exploration of Mexico during the silver mining
phase, silver was minted into coins - eight coins (or pieces of eight)
to the Spanish dollar or real. Bit substituted for piece - just 8
bits to the dollar.

This carried over to the American colonial days when Spanish dollars
were considered more valuable and Colonial dollars. How it came to
the lexicon of America was pretty simple - American/Spanish dollars
were divided into "quarters" or two bits.

Thus the rhyme - two bits, fours bits, eight bits, a dollar.

Two bits equals .25¢.


When do we start using Peso's?


When the Aztlan Revolution succeeds.
 
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