Because of this, "two bits" is still slang for twenty-five cents in the United States.
American English is taught in schools and American slang is practiced in bars everywhere.
The word is of frequent use as a slang term - e.g.
In Stock Exchange slang the term is used of an operator who applies for a portion of a new security being issued, not with a view to holding it, but with the intention of immediate realization, at a profit if possible.
At the blank look, she assumed the translator didn't pick up her slang and rephrased.