JGWeissman comments on Open Thread: March 2010, part 2 - Less Wrong
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I figure each finger can be up or down, 2 states, so binary. And then base 16 is just assigning symbols to sequences of 4 binary digits, a good, manageable, compression for speaking and writing.
(When I say I could count something on one hand, it means there are up to 31 of them.)