‘It from bit’

‘It from bit’ symbolizes the idea that every item of the physical world has at bottom—at a very deep bottom, in most instances—an immaterial source and explanation; that what we call reality arises in the last analysis from the posing of yes-no questions and the registering of equipment-evoked responses; in short, that all things physical are information-theoretic in origin and this is a participatory universe.
John Archibald Wheeler (1989)

It from bit. Otherwise put, every it—every particle, every field of force, even the spacetime continuum itself—derives its function, its meaning, its very existence entirely—even if in some contexts indirectly—from the apparatus-elicited answers to yes or no questions, binary choices, bits.
It from bit symbolizes the idea that every item of the physical world has at bottom—at a very deep bottom, in most instances—an immaterial source and explanation; that what we call reality arises in the last analysis from the posing of yes-no questions and the registering of equipment-evoked responses; in short, that all things physical are information-theoretic in origin and this is a participatory universe.
— J. A. Wheeler
^{in Proceedings of the 3rd International Symposium on Foundations of Quantum Mechanics in the Light of New Technology}