[cctalk] Re: PCs in home vs businesses (70s/80s)

On 4/27/24 17:02, ben via cctalk wrote: No, this is a fallacy.  Binary arithmetic is as "accurate" as decimal.  Handling VERY large numbers in floating point loses some precision, but any computer can do multiple word binary quite well.  And, the obvious example is doing division in decimal still can end up with remainders.  Back in the day, banks were terribly worried about defalcation by the guys who maintain the daily interest program.  The classic story is the guy who adjusts the code to take those fractional cents that get rounded back to the bank and sends 10% to their own account.  Now, there are so many really serious ways fraudsters can steal from banks and their customers that nobody is too worried about that sort of inside job. Jon