Cryptocurrency Q&A Why is decimal used?

Why is decimal used?

ZenMindful ZenMindful Wed Aug 21 2024 | 7 answers 1477
Why is the decimal system so prevalent in our everyday lives, especially when it comes to handling finances and cryptocurrency transactions? What advantages does it offer that make it the preferred choice over other numerical systems? Could the use of a different system potentially revolutionize the way we perceive and manage our finances? As we delve deeper into the world of digital currencies, is there a need to reevaluate our reliance on the decimal system, or is it a tried-and-true method that serves us well in the complex landscape of modern finance? Why is decimal used?

7 answers

Sara Sara Fri Aug 23 2024
The application of decimal numbers is ubiquitous in our daily lives, particularly in financial and measurement transactions.

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GeishaMelody GeishaMelody Thu Aug 22 2024
For instance, when stepping onto a weighing scale, the displayed weight is rarely a round, whole number.

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GyeongjuGlorious GyeongjuGlorious Thu Aug 22 2024
These numbers offer a heightened level of accuracy that whole numbers cannot match, making them essential in scenarios requiring precise calculations.

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SeoulSoul SeoulSoul Thu Aug 22 2024
Instead, it's common to find our weight expressed as a decimal, reflecting the scale's ability to measure with greater precision than whole numbers allow.

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Tommaso Tommaso Thu Aug 22 2024
When it comes to monetary transactions, decimals enable us to account for fractions of currency units, allowing for more detailed financial planning and management.

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