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Pronounced 'bee-peg'?

Kinda curious about this as well. I wonder if the alternate would be "bee-pee-gee" which feels way too long to say :)

I naturally started saying in my head "bee-pee-gee", but since the P stands for portable, maybe even "bee-porg" instead of "bee-peg"? :)

I've always pronounced it "bee-pedge".