[1 BTC Bounty] Explain Bitcoin in one Sentence

[singpays]

Primedice Is The Future Of All The Other Currency, Maybe Someday you will Buy Your Meal With Bitcoin
 u:singpays

[edmundduke]

Bitcoin is a revolutionary digital currency that was created because of the markets need for a fast, decentralized and low fee payment method that allows to make transactions worldwide at a moments notice.

username: Spoink

[yoge00]

to me
Bitcoin is love, Bitcoin is life.
PD: yoge00

[MrW0lf]

Well, I think bitcoin is the definition of the first anonymous currency we've ever had and also the only sustainable one.

PD_User="MrWolf"

[maxwellprosody]

BITCOIN is not just a currency or a new way of looking at digital transactions its a more than that it is one of the leading tools to a more integrated world market, one free from the geopolitics that lead to currency manipulations and currency wars that only affect the common joe not policy makers or the big corporation making just decisions for their benefit.

-kingcobra2015

[fox19891989]

bitcoin is decentralizing and disrupting everything.

pd usernam: foxrich

[hui]

bitcoin is a revolutionary way to transfer money worldwide over the internet without the need for a bank or any other third party.

hui

[bitcoinblessed]

PD Username: ShaneRECOVER

Bitcoin: The currency in the cloud. Hold onto it like a stock, or spend it as you please. All done over the web at the tip of your fingers.

[trafficolaa]

Bitcoin is Bitcoin and that is best explanation so hard to find the right words in one sentence almost what i have in my mind is wrote so many people before me.

[yahoo62278]

Bitcoin is THE NEXT BIG THING!!!!

[jangloos]

Bitcoin means to start early retire life just hold and wait till it go to mainstream.

[ajareselde]

How i would explain it to an intellectual :

BTCitCoin is decentralized cryptographic currency, created for every man, woman and child ; to be used in what ever way or form they want, how ever they want it, and with whom ever they want;
regardless of country,law,race or belief and free from any kind of outside infuences,third party services or fee's.

How i would explain it to average American :

BTCitCoin is a virtual coin you can own as savings, or send/receive with click of a mouse to anyone anywhere with no fee, in a way that no man or government can influence,control, or reverse.

PD ajareseldeop

[Raimonn]

Bitcoin is money, a digital decentralized currency that could be used all over the world with very low fees.

Primedice user: raimonn

[raketa]

Bitcoin is type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.

[redferrari]

bitcoin is freedom          dank

[pawel7777]

"It's just like Dollar without the Fed, added internet and fixed supply"

Username to follow.

Edit:

username: hkloss

OK, I've got 2 more, since there's no limit:

- Bitcoin is everything banks don’t want it to be.

- Bastard child of libertarianism and cryptography.

again, username: hkloss

[boliu]

Bitcoin: Head to Primedice.com and find out!

[Mansan]

It is a currency that is not regulated totalement, and is based on an active job (giving processing power), and is not emitted by any central bank, it is easy to transfer, it's used to innovate in many ways.
i love bitcoin <3

PD username: Mansan

[feedo]

if you hate BTCanks, Taxes, Fees... Then you'll fall in ♥ with BTC

BTW: bitcoin is CASH with WINGS

Username: positive

[dothebeats]

my take:

"A purely peer-to-peer version of electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution, where digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending, a solution to the double-spending problem is using a peer-to-peer network which timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work, where the longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power, and as long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers, so the network itself requires minimal structure and messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone."

Come at me haters.

Great definition, but I'm still wondering how common people would comprehend to such a definition? My grandma will definitely not understand that.