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Author Topic: How do you explain Bitcoins to your Grandma?  (Read 910 times)
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June 07, 2011, 01:52:37 AM

she asks me what i have been doing hunching over the computer over the past 2 weeks.

how do you explain bitcoins to her? preferably with simple english and within 1 or 2 sentence.

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June 07, 2011, 01:56:49 AM

Oh don't? LOL.

What's funny is that my grandma was the branch manager of a bank for like 30 years, but she knows nothing about computers, so I have no idea how things would go if I tried to explain Bitcoin to her.

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June 07, 2011, 03:10:48 AM

"Grand ma,  i am was happy to found the better ponzy scheme in the world, in starting moment of its rise. I am even do not need money to participate, just my computer time. Thats my greatest chance in all my life"
Well, i am do not think like that, but thats how i am will explain it to my Grand ma.

We will  meet in not-so-distant future.
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June 07, 2011, 03:12:16 AM

Hey, it's digital money the government can't cheat you out of! Now, who's selling vodka for bitcoins? Cheesy

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June 07, 2011, 12:25:58 PM

I'd say its "internet money".

A gross oversimplification, to be sure, but still has the right core pieces. Or maybe "Cash without the mass." (I suppose you could add up all the electrons mass that a single bitcoin needs to be represented in binary, but I'm not about to take that on Smiley )

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