What is bitcoin

[Haxor321]

What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.

Bitcoin is a digital currency where in it can be converted into a real cash. Also, Bitcoin can be a way to buy things online and make some transactions in a lower fees and you doesn't have to go out of your house, your Bitcoin will work for you.

[reck1ess]

When I'm being askby my friend if what is bitcoin, first is I determine what kind of friend is he/she, if he's a gamer i would say that bitcoin is a currency to buy game credits. But if he/she is interested in investment, i would tell him the history price of bitcoin.

[King Sastro]

Bitcoin is a new era currency, I'm sure the world of transactions will use bitcoin and replace real money, surely this is an opportunity for all of us to be the ones who earn big profits in a few years.

[patchot]

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

[Amanda Krause]

Bitcoin is a type of cryptocurrency that is not centralized and can be used for transactions. It's our future money.
That's the way I always explain to everybody who is interested in. I think it's enough 

[Lonthe]

Bitcoin is digital gold, of course everyone agrees with my opinion, many people compare bitcoin with various investments like gold, stock, property or others, but I say that bitcoin is better.

[Epimetheus]

Bitcoin is a cryptocurrency or digital currency which can be used in any country for transaction . Nows a day bitcoin become top most cryptocurrency in the world and the popularity or demand of bitcoin is countinously increase by the people because it help the people to full fill their dream . Bitcoin is a digital currency which can convert into the indain currency by the application of zebpay and used for the online transaction like pay bill, online shopping, ticket booking etc.

[dg2010]

Bitcoin is a kind of digital money, which you can use for payment or you can invest in it to get profit.

[djmixen]

Bitcoin is a kind of currency that can use through digital and someday being a center of transaction to pay bills in different ways. It is a source of income for those who are always in front of computer and want a job even inside the house.

[posoa]

Bitcoin is a Cryptocurrency which is widely known and accepted  as a form of legal tender for the purpose of transactions and other related businesses. It is a digital currency that has gain wide acceptance from its onset by merchants, organisations, industrialist, and other Related Technocrats not mentioned. The general acceptability Internationally have really indicated the rise in the Bitcoin as a cryptocurrency for it uniqueness all over the Globe.Google can throw more light into what bitcoin is and also allow many to know this cryptocurrency by name  BITCOIN.

[Cpousersonu]

What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.

Bitcoin is a first virtual cryptocurrency.
Nowadays this become a godfather of all cryptocurrency because this is a most popular cryptocurrency and medium of purchase new cryptocurrency. Cover by almost 70 to 80% ICO.

[radvntxge]

Bitcoin is most likely to be used by a lot of business onlines.It can be used to earn funds and it is so easy to use and can you can send it whenever and wherever you want which is more hassle free

[DewiKirana]

If a friend asks me about bitcoin, then I'll explain what bitcoin is to them as much as I can. That bitcoin is a decentralized digital currency, a digital currency with an ideology and an anonymous system. If they want a more detailed explanation, then I will give them bitcoin articles.

[rexter]

Yeah right guys me too i countered also that kind of situation,someone is annoying asking some question about Bitcoin my explanation is like this i compare BTC to gold and ETH to silver i explain a little bit to him how can i earn bitcoin through ethereum is like i must earn ETH 1 = 0.04327984  BTC just like that.Pls correct me if i am wrong.

[DoublerHunter]

If a friend asks me about bitcoin, then I'll explain what bitcoin is to them as much as I can. That bitcoin is a decentralized digital currency, a digital currency with an ideology and an anonymous system. If they want a more detailed explanation, then I will give them bitcoin articles.

If i were you, i will explain bitcoin more on being a great opportunity to put our money and to make a lot of money because if you will put a lot of money in bitcoin then you can earn a lot of it which have a high interest that makes sense for the people who want to have a fast profiting system than other type of investment vehicle.

[Glydel1999]

Bitcoin is a kind of work that can be earned even at home. For the unemployed suits to. To the hangers. They can change their lives because of bitcoin.

[nemesis_]

Bitcoin is a worldwide cryptocurrency (a subset of electronic money) and payment system where the transactions take place between users  directly without the need of an intermediary. It allows online users to process transactions through digital units of exchange called bitcoins.

[congtuan001122asd]

There are many concepts about bitcoin. In my opinion, bitcoin is a digital money, it has many benefits to people. Bitcoin is also an excellent, fast and free internet payment gateway. Not only that, bitcoin helps the user independ on finance, from bitcoin, they can make a lot of money.

[caribousoap]

Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name.

[jsscswan]

How to answer questions from a friend or relative who is completely unaware of bitcoin is to explain in detail what bitcoin is. If they do not understand, then I will also do the same as you, advise them to look it up on google.