5 Ways to Explain Bitcoin to Your Friends

[QuestionAuthority]

Try explaining it to grandparents.... thats the real challenge xD

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And then grandma says, "oh, I understand sweetie. It's like that Hashcash thing your grandpa was sure would take over the world in the late 90s. The boys in this family are always scheming". As she walks away laughing.

Old people aren't retarted because they've lived longer than you have. Most people would be surprised at how much more old people understand than they do and they have a depth of understanding that is earned through experience.

[NoobKidOnTheBlock]

1. It's a digital currency which means you can use it from your smart phone or your computer
2. It can be transferred anywhere in the world in minutes
3. More and more people are beginning to use this as a form of payment
4. Bitcoins are the future of getting rid of fiat money
5. It's technically money that isn't money but is used like money but technically isn't money but more and more people are accepting it as money

[elliwilli]

People less tech savvy i just call it Magic Internet Money.
More tech savvy i explain that it uses hashes.