to OP, maybe you can try to make an infographic about bitcoin with your own explanation.
Yup. I wrote my own 3 paragraph explanation of bitcoin for
customers. It has no explanation of what bitcoin mining is nor anything else about bitcoins that a customer doesn't need to know.
Bitcoin.org or any other website I know of for that matter is way too wordy. Just their definition of bitcoin took 4 sentences! My definition of bitcoin is "Bitcoin is new and improved money for the 21st century."
The infographic doesn't explain enough. For example, it doesn't explain how to get bitcoins so that they could pay me in bitcoins nor does it explain how to install a bitcoin wallet and use it.
I just made a short webpage that explains what bitcoin is, its advantages and disadvantages, how to install and use a wallet (mycleium for android and hive for iOS), and how to get bitcoins (Coinbase). The following explanation of bitcoin is oversimplified for ease of understanding to the point of being slightly wrong. However, it is correct enough to allow newbies to gain a working knowledge of bitcoins and allow them to use them and spend them.
What is Bitcoin?Bitcoin is new and improved money for the 21st century.
Bitcoin Advantages & Disadvantages Over Conventional Money Handling Methods| Advantages | Disadvantages |
It_is_nearly_impossible_to_rob_bitcoin_savings_at_gunpoint.
Just send your savings to another bitcoin wallet that you do not have with you. | If you forget your 12 word passphrase,
you'll lose all your bitcoins forever.
Always secure multiple copies of your 12 word passphrase. |
| You access your bitcoins with a digital wallet, usually on a computer or smart phone. If your smart phone is stolen, the wallet is password protected and you can even remotely wipe your smart phone just to be completely safe. | |
| Checks and travellers checks can be forged. Bitcoins are encrypted so that they cannot be forged. | |
| Every time you use your credit card, you give out your credit card number. Anybody who has your credit card number can place fraudulent charges with your credit card. You do not give out your bitcoin passphrase when you spend bitcoins. | |
| Banks can go belly up. Bitcoin is stored on thousands of servers on the cloud. You control your bitcoins because only you possess the passphrase for your bitcoins. As long as you do not give out your passphrase or send your bitcoins to someone else, you will never lose your bitcoins. It is mathematically impossible to hack into a 12 word passphrase and steal your bitcoins. If you lose your smart phone, you can regain control of your bitcoins with another smart phone using your bitcoin passphrase. | |
| Banks charge outrageous fees. Bitcoin only charges one to two cents per transaction. | |
How to Use Bitcoin- Download and install a bitcoin wallet app. For iOS, I recommend HIVE and for Android, I recommend Mycelium.
- For Hive, be sure to secure your 4 digit pin an d12 word passphrase. For Mycelium, be sure to follow the app's instructions to back up your wallet.
- Buy some bitcoins with Coinbase: https://www.coinbase.com/.
- Watch this video: https://youtu.be/G8FmwbgJuLM.
- Enjoy spending money the 21st century way!
