Bitcoin Forum

Other => Beginners & Help => Topic started by: remistevens on December 14, 2013, 03:35:07 PM



Title: Analogy for newbies
Post by: remistevens on December 14, 2013, 03:35:07 PM
Hey all,

New to the forum, not as new to Bitcoin, happy to be allowed on the bunny hill. I came up with a good fast analogy for conceptualizing what Bitcoin is. Its what I tell everybody now. I find many people understand decentralized online crypto-currency, but they're often left wondering what it actually is and how you can store it locally at home.

I don't know, am I off the mark here, is this a helpful way to describe Bitcoin? . . .Loving Bitcoin and want to be a positive contributor to this movement.

Here's my blog with the post
bitcointhink.com

And here is the text so if you're interested you don't need to go anywhere to see it:

Bitcoin is essentially an online game. You can start unlimited new characters and the software is open source. The game is incredibly simple. There are a fixed amount of points (or coins) available. Each player only has 2 stats: a name (the walletís address), and BTC. When you store Bitcoin locally on your computer, you are creating a save of your online character. Your save file, like with any game, includes your stats and the state of the world around you at the time of saving. No one else is able to log into the game under your character if they havenít got your password and your most recent save file.

Best,
Remi


Title: Re: Analogy for newbies
Post by: BlackEagle91_58 on December 14, 2013, 03:44:36 PM
Good analogy, I guess, but it's not that easy as buying a game or toy in the store. You have to do a lot more to enjoy the game with enough coins. That my opinion though.

Welcome to us both btw.



Title: Re: Analogy for newbies
Post by: Jysix on December 14, 2013, 04:10:54 PM
I don't agree at all.


Title: Re: Analogy for newbies
Post by: BlockChainLottery on December 14, 2013, 06:03:11 PM
I like this (http://expectedpayoff.com/blog/2013/03/22/bitcoin-and-the-byzantine-generals-problem/) analogy. It's somewhat longer though.


Title: Re: Analogy for newbies
Post by: remistevens on December 22, 2013, 02:32:20 AM
I like this (http://expectedpayoff.com/blog/2013/03/22/bitcoin-and-the-byzantine-generals-problem/) analogy. It's somewhat longer though.

Thanks so much, this blew my mind. I'm going to start telling people Ledger instead. Much better than mine. The generals problem is pretty amazing as well, that makes it all fit together so clearly!


Title: Re: Analogy for newbies
Post by: EnriqueGood on December 22, 2013, 04:51:05 AM
Welcome to us both btw.