The original post: /r/todayilearned by /u/gmnitsua on 2024-11-26 14:25:13.

Original Title: TIL a quarter is often referred to as “two bits” unwittingly in reference to pieces of eight used in the golden age of piracy. One Spanish dollar was worth Eight Spanish Reales. Two Reales (or bits) was equal to a quarter of one dollar.