Cryptocurrency Q&A How much money is each bit?

How much money is each bit?

KatanaSharpened Sun Oct 06 2024 | 6 answers 807

I'm curious, could you please explain in layman's terms, how much value does each individual bit represent in the realm of cryptocurrency? Is there a standard unit of measurement, or does it vary depending on the specific digital currency? I'm trying to grasp a better understanding of how pricing and valuation work in this realm. How much money is each bit?

How much money is each bit?

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