"To mistake a binary digit for a bit is a category error. In this case, the category error is not as bad as mistaking marzipan for justice, but it is analogous to mistaking a pint-sized bottle for a pint of milk."
That's well put.
That's well put.
A "binary digit" is either a zero or a one. It's a specific value.
A "bit" is an amount of information: a container that can hold a binary digit.