Shave and a Haircut, Two Bits! History of "Bit"! Spanish Reale! RTHE's Minutia Minute!

RTHE's Minutia Minute Episode 5: We've all heard it! We all know it! And, we take it's base meaning: two bits equals twenty-five cents for granted. But why? And how? We get down to this mystery on this episode of Reiser's Treasure Hunting Emporium's Minutia Minute! Stay Tuned!
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[@defwind5374]

Thanks for teaching me something

[@bdavis1193]

Interesting history bud. Never knew that! Thanks for sharing

[@joshiahayash]

What’s the connection between the two-bits Spanish Reale and the music notes though?

[@robplotts9412]

Man some nice temps for south jersey and dont have the time to get out and hunt. O well spring is comin. I just wish it would hurry up lol. It would make my year to find a reale. Hh&stay safe

[@reiserstreasurehuntingempo8993]

Rob Plotts Hi Rob! The weather has been wonderful for January! Perhaps a bit of a sneak peek for one of the next videos: I found a 1/2 Reale this past weekend-- it'll be in an upcoming video. Thanks for watching and hh!

[@joebutch7374]

I found 3 reales so far. just a bit of info, the reales came in different values . I found 2 reales, ( face value ) or denomination whatever you want to call it . happy hunting !

[@reiserstreasurehuntingempo8993]

Joe Butch I have yet to find an 8 Reale (or whole) yet! Soon I hope! Keep digging!

[@darnellhelloworldmetaldete9823]

Awesome video...

[@reiserstreasurehuntingempo8993]

Darnell Williams Thanks Darnell!

[@MonsterHunter267]

My life is complete now.

[@idontthinkso2431]

8 bit = 1 Byte

[@Smartzenegger]

That makes 25 sense!

[@michaeljfiorito]

[@albertnortononymous9020]

You’re close! The coin in question wasn’t the 1-real coin-it was the 8-real coin, a.k.a. the real de a ocho, the Spanish dollar, the piece of 8, or the peso. Chopping that 8-real coin into 8 bits made each bit equal to 1 real, not 1/8 real. America’s pegged decimal dollar thus gave a value of 125 mils (12.5¢) per 1 bit/real.