Is two bit an insult?

I'm curious, could you elaborate on whether "two bits" is considered an insult in some contexts? I've heard it used colloquially, but I'm not entirely sure if it's always meant in a derogatory manner. In the realm of cryptocurrency and finance, where the term "bit" is often associated with digital currency units, does it carry a different meaning or connotation? I'd appreciate your insights on this matter.