Ah, sounds like a terminology issue. Sorry if this get pedantic, but I wanted a solid response for anyone who stumbles on this thread down the road. Fixed-poin

Ah, sounds like a terminology issue. Sorry if this get pedantic, but I wanted a solid response for anyone who stumbles on this thread down the road. Fixed-point is a way of doing math, as well as a data representation. Think of it as keeping a very large integer, plus another int that represents where the decimal place should go. Hell, you can even think of it as a string of numbers and an optional '.', removing the issue of overflow as well. When you do fixed-point math, you have to be explicit about rounding and precision changes, or set a default way to handle those situations. When two numbers are added, do we inherit the precision of the more or less precise number? What about division, where we run into necessarily repeating decimals? Floating point math, on the other hand, uses a mantissa and necessarily loses precision. As a floating point number is an approximation from 0 to infinity using a fixed number of bits (often 32, 64, 128), there are a ton of amounts that it can't exactly represent. But that's not an acceptable situation in finance- we don't need infinity, but we do need countability within a range with some minimum step size. An example- let's say we're adding amounts of bitcoin in Python > 1000.1234 + 1000.1234 20000.2468 > 10000.1234 * 3 30000.3702 Looks good, but now we have a whale, a high frequency trader, or some HackerOne bounty hunter with API access > 10000.1234 * 50 500006.17000000004 That calculation, at face value, just created .00000000004 bitcoin out of thin air. That's less than a satoshi, but if you keep going with a strategy like this on an automated platform, you can turn it into real money. Instead, you want to use fixed-point. > from decimal import Decimal > Decimal('1000.1234') * Decimal('50') Decimal('50006.1700') Note in this case the precision was expanded to the most precise in multiplication, and no money was created out of thin air. You can also set precision explicitly (`Decimal('1000.1234').quantize('0.00000001')`), handle rounding per operation or across calculations, etc.