making audio bit by bit

Sorry if this has been covered before but has anyone here explored  
making audio bit by bit

I am not really sure where to start. Say for example I wanted to make  
1 second or 44100 samples
with the following 16 bits 0010000000100000 in each sample. Is this at  
all possible

It seems a bit crazy, but I am sure there is someone crazy enough to  
have explored it here.

Cheers

Simon




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