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Title: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: The Bitcoin Catalog on August 19, 2013, 09:45:36 PM We have just added a little story on our website to help understand bitcoin for a larger audience. Here how it goes:
Quote Imagine there are a bunch of safes, each with a number printed on them, lined up in a public place. The safes are very secure, bolted to the ground, and no known technology can cut them open. Each safe has a slot in the top, allowing money to be dropped in. To get the money out, you need the key that opens the safe. The keys are also very secure, and nobody can pick the lock or open it without a perfect copy of the key.......... Read More (http://thebitcoincatalog.com/safe-analogy/) Share this link to all your friends and familly to help them understand how bitcoin works in a non technical approach! http://thebitcoincatalog.com/safe-analogy/ Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: Bitzil on August 19, 2013, 09:52:21 PM very nice to get some people started. good job.
Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: The Bitcoin Catalog on August 20, 2013, 04:02:39 AM Thank you!
Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: The Bitcoin Catalog on August 20, 2013, 03:23:03 PM Bump :)
Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: The Bitcoin Catalog on August 28, 2013, 07:21:22 PM Bump!
Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: Mitchell on August 28, 2013, 07:30:29 PM Damn, that was a great read! It is explained properly and very very clear. Well done!
Oh hey, you are the owner. Just a quick question, when does Edition two come out? Bought an place in it and was just wondering ;p Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: The Bitcoin Catalog on August 28, 2013, 10:22:29 PM Damn, that was a great read! It is explained properly and very very clear. Well done! Oh hey, you are the owner. Just a quick question, when does Edition two come out? Bought an place in it and was just wondering ;p Our next edition is planned for next November Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: Mitchell on August 28, 2013, 10:29:57 PM Damn, that was a great read! It is explained properly and very very clear. Well done! Oh hey, you are the owner. Just a quick question, when does Edition two come out? Bought an place in it and was just wondering ;p Our next edition is planned for next November Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: The Bitcoin Catalog on August 28, 2013, 11:18:47 PM Damn, that was a great read! It is explained properly and very very clear. Well done! Oh hey, you are the owner. Just a quick question, when does Edition two come out? Bought an place in it and was just wondering ;p Our next edition is planned for next November Yes, Upcoming November ;) Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: Welsh on August 28, 2013, 11:21:45 PM Nice. I find it awfully hard to explain about Bitcoin and help friends get started. Therefore, I'll just be sending them this from now on.
Title: Re: Bitcoin explanation for dummies: The "Safe" Analogy! Post by: The Bitcoin Catalog on August 29, 2013, 03:44:23 PM Nice. I find it awfully hard to explain about Bitcoin and help friends get started. Therefore, I'll just be sending them this from now on. Great! This is why we have done this ;) |