How philosophical do you want to get? Technically, voltage is a continuous signal, but we sample only at clock cycle intervals, and if the sample at some cycle

How philosophical do you want to get? Technically, voltage is a continuous signal, but we sample only at clock cycle intervals, and if the sample at some cycle is below a threshold, we call that 0. Above, we call it 1. Our ability to measure whether a signal is above or below a threshold is uncertain, though, so for values where the actual difference is less than our ability to measure, we have to conclude that a bit can actually take three values: 0, 1, and we can't tell but we have no choice but to pick one. The latter value is clearly less common than 0 and 1, but how much less? I don't know, but we have to conclude that the true size of a bit is probably something more like 1.00000000000000001 bits rather than 1 bit.