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Author Topic: [1 BTC Bounty] Explain Bitcoin in one Sentence  (Read 14147 times)
harizen
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November 29, 2015, 12:02:06 PM
 #221

Here's my explanation of bitcoin:

1. To a layman: Bitcoin is a decentralized, pseudo-anonymous payment system for the people, by the people, of the people.

2. To a Tech-Nerd: Bitcoin is a money making protocol earned by running some dumb and noisy machines called "miners" and can be sent to anyone through a digitized public ledger called "Blockchain".

3. To a blogger/YouTuber: Bitcoin is a new way of getting appreciation by visitors.

4. To a businessman: Bitcoin is a fully controllable currency with no chargebacks and no limits.

5. To a Drug dealer: Bitcoin is the virtual weed exchanged with a real one!

6. To a philanthropist: Bitcoin is a technical tour de force.

7. To a Charitable Trust: Bitcoin is the bridge between us and the community in need.

8. To Governmental Bodies: Bitcoin is a currency that is not in our control.



Primedice Username : notaek

WOW! This one is awesome. Cheesy

But, is more than one entry allowed ?

Well there's no stated in the first post that more than one entry is allowed but I think it's not allowed or should I say, if anyone can track you doing that (although at less chance depends on the evidence) then you are safe lol. (Or I just missed)

Anyways his answer is really great but OP is asking for 1 sentence only.

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Magicrush
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November 30, 2015, 01:29:07 AM
 #222

Bitcoin is an innovative payment network and a new kind of money, with lowest fee no need verification ID also stay anonymous

PD ID is Magicrush

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November 30, 2015, 02:35:17 AM
Last edit: November 30, 2015, 03:35:19 AM by s1ng
 #223

https://i.imgur.com/xkzMP34.gifv

Bitcoin is an anonymous, fast transaction , low fee , and global currency


https://youtu.be/WOEPHVTAERI

 Grin  Grin  Grin

username :
amatsukami
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November 30, 2015, 03:22:37 AM
Last edit: December 01, 2015, 12:43:35 PM by ranochigo
 #224

Bitcoin is a decentralised, irreversible and transparent digital currency secured by cryptography, it enables users to transact within seconds across the globe without high fees or the risk of getting your Bitcoins frozen, it defeats double spending by making users solve for hard mathematical problems to include transaction into the transparent blockchain for a reward of 50Bitcoins, set to decrease approximately every 4 years since 2009 to ensure a finite market capitalization, changes in the protocol can also be done, provided that the majority agrees and adopts it.

Username: ranochigo

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Quickseller
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November 30, 2015, 04:00:11 AM
 #225

Bitcoin is a currency that can be quickly sent to someone in the same room from you, across town from you or across the globe for virtually zero cost, it is something that does not require you to trust anyone except for the person you are sending it to, but be careful because many people will try to steal your bitcoin from you, is something that cannot be seized or taken from your without your consent, allows for transactions to be audited, yet can be used with anonymity when used properly.

(this is somewhat of a run-on sentence, however I think it still qualifies as a single sentence).

PD username: quickseller3 (I have forgotten my PW to my old PD account, but can sign a message from an address I have deposited from/withdrawn to, and have large amounts of bitcoin stored on such addresses if necessary from my older PD account).
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November 30, 2015, 04:29:30 AM
 #226

B= Best form of money we've ever seen
I= Innovative invention for the development of payments technology
T= Transparent payment
C= Cryptography to control the creation and transfer of money
O= Open source governance for decentralized future
I= Irreversible and secure
N= New payment system where you can send money at a low cost and instant

PD user: shadows123
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November 30, 2015, 05:32:16 AM
 #227

Bitcoin is the ultimate solution to removing government parties and pesky agencies away from your money!
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November 30, 2015, 07:51:56 AM
 #228

Very Simple Answer
"Bitcoin is that best form of money which you can ever think of,in terms of anonymity,decentralization which can be used to spend on almost anything direclty or indirectly" Smiley

PD Username: Ceizer
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November 30, 2015, 10:53:17 AM
 #229

bitcoin is global currency can be owned by anyone and can be spent anywhere without any difficulties.  Smiley
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November 30, 2015, 12:37:28 PM
 #230

Bitcoin is a pseudo-anonymous and decentralized medium of exchange for various goods and services, whose current price is highly indeterminable due to it's 'camphor-like' volatility.

(Primedice Username : kingaltcoins)
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November 30, 2015, 01:49:58 PM
 #231

Bitcoin is a digital currency open to all world
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November 30, 2015, 02:50:56 PM
 #232

Bitcoin to me is like true love, it increases as much as you spread it, that too taking least efforts (fees) towards the receiver... Wink
We don't need to think a lot before sending it, once decided, just given, spread-ed and made someone feel loved... Smiley
Spread the love... Smiley

PD's userid: gkv999

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November 30, 2015, 03:16:32 PM
Last edit: April 19, 2016, 01:22:12 PM by rivoke
 #233

BITCOIN

Born to be International Trusted Coin with Outstanding & Incredible reputatioN

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November 30, 2015, 04:43:52 PM
 #234

Bitcoin is a revolutionary cryptography-based digital currency allowing easy, pseudonymous payments worldwide.

Username: DragonStar
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November 30, 2015, 05:46:18 PM
 #235

Bitcoin is the revolution,decentralization, and uncotrolable currency
My Username Bitzzer
thanks

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December 01, 2015, 05:37:03 AM
 #236

User name Prime Dice: jason1

In my opinion Bitcoin is Global Digital Currency For World Wide Transaction


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December 01, 2015, 07:05:28 AM
 #237

     Bitcoin is a independent virtual financial system, using hardware power to self-sustaining and allow payments without borders.


   Username harsito1
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December 01, 2015, 07:34:43 AM
 #238

Hello,

Bitcoin is a life raft built for the world to give a chance of survival in the heavy seas of the world economy.

PrimeDice username: roslinpl

Best regards.
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December 01, 2015, 09:59:40 AM
 #239

Now Explain Bitcoin in one Sentence end. Who will win? Grin

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December 01, 2015, 12:41:13 PM
 #240

Now Explain Bitcoin in one Sentence end. Who will win? Grin

We will chose winner very soon.
It is very hard to do that. Lots of good entries.

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