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Author Topic: Analogy for explaining Bitcoins  (Read 186 times)
Euro1000 (OP)
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October 04, 2017, 10:32:15 AM
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I am looking for analogies explaining the concepts of Bitcoins especially for non-technical people.
Beside the standard concept (Bitcoin, Mining, Ledger, Doublespend-Attacks) also an Analogy on Soft-/Hardforks would be interesting.

So far, I found this one:
https://www.coindesk.com/bitcoin-explained-five-year-old/
It is quite good but I would be happy to have another one.

Another analogy (in German) is this one:
http://coinwelt.de/2017/06/bitcoin-hardfork-vs-soft-fork-moegliche-szenarien/
In sum: It explains soft-/hardforks using the analogy to a vegeterian restaurant which plans to add meat-dishes to the menu (hardfork) or to replace butter by vegetable oil (vegetarian to vegan) which would be like a softfork.

... just found an english (but shorter version) of the restaurant story here:
https://steemit.com/cryptocurrency/@kapooo/what-is-bitcoin-cash-a-basic-beginners-guide

Do you know more analogies?
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