What is bitcoin

[Kurtyp1010]

Bitcoin has numerous highlights yet its quintessential capacity is a record, an approach to monitor obligation. Indeed there are elements of cash like store of significant worth, medium of trade and unit of record, however BTC is an all around unchanging open record.

[Chachacoin17]

bitcoin one virtual currency is very expensive, if anyone wants to know about bitcoin we can explain with earnings from playing bitcoin so people interested to play bitcoin.

Bitcoin is a digital cryptocurrency that ables to help many people to learn new things and gain money. Bitcoin is a digital money that you can use to send money that easily, buy stuffs online, booking a flight online and etc. Bitcoin is for our future. Many people already proven that bitcoin help people to become rich or have a better life. Through bitcoin we can gain money that we can use for our daily living. All we must just need is to keep believing of bitcoin for you to become successful in the future.

[racham02]

Based on my research Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto, It is the first decentralized digital currency, as the system works without a central bank or single administrator and also a cryptocurrency and worldwide payment system.

[Jeremiesaranza]

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 an electronic currency a digital money any new source of income that gives to us a new high technology

[Sudarmoon]

For ordinary people it's a lot to ask about bitcoin and we should be able to explain in more detail so they are easy to understand, I will explain in the use and the result of bitcoin, so they are happy

[linshisui38]

BTC is a kind of network virtual currency, you can use to purchase virtual items BTC, such as clothes, hats, equipment of network game, etc., as long as someone to accept, you can also use BTC to purchase items of real life.

The biggest difference between BTC and other virtual currencies is that its total number is very limited, and it is extremely rare and suitable for investment.

[izzabel]

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 money it is cashless it makes things easy and faster in any transactions

[chehintog_24]

Hello everyone, i am a newbie. I started empty, but fortunately with the help of google and youtube i understand what bitcoin really is. Step by step, I study and learned about bitcoin’s meaning and its worth in this world. Hopefully, with my willingness to learn definity i can join how tobe belong in this crypto society. Im keeping my faith though.

[Alex789]

Bitcoin is decentralized as currency, and bitcoin can be used as a mode of payment in various businesses and bitcoin can be used to send any amount of funds wherever you want.

[smaneek101]

bitcoin is a digital money it is cashless bitcoin can be used as a mode of payment in various busniesses . it makes things easy and faster in any transaction

[wall101]

for me bitcoin is a business that when you invest a lot of money here you will earn more than your money out.

[Df9898]

bitcoin it is money that has the value of the currency of the most high and shaped online and its popularity is very wonderful.

[Damar]

I think bitcoin is the crypto currency for the digital world. Its main characteristic is the decentralization of anonymity and transparency and can be operated around the world. Bitcoin imports are increasing day by day for international trade or e-commerce applications which will be one of the most suitable among currencies. Payment system is unique because bitcoin can guarantee to be anonymous and nobody will know that you bought some the stuff you are
want to stay private.

[ed_Berrington]

If your friend wants to know more about Bitcoin, and you are looking for a resource in which the news is constantly updated, then you have already found it. This is the forum Bitcointalk, here you can find everything you need. Show him the Beginners section.

[Liternyy]

The MTC is the first crypto currency to appear in 2009. For the first time, with the principle of the peer-to-peer network, bitcoin, over which some Satoshi Nakamoto was working, could be read two years before the appearance of the digital currency. Despite the fact that Nakamoto managed to pin the attention of thousands of programmers to his project, no one had ever believed in his success. The first transaction using bitcoin was carried out by American Hanech Laszlo, who offered 10,000 military-technical cooperation to someone who brought two Italian pizzas to his house. It is difficult to imagine what emotions Laszlo experienced at the moment when bitcoin began to grow rapidly in price. Personal experience: how I did a laser vision correction. Actually, I did not always radiate joy and self-confidence.

[buternasek]

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.

[oracleongoodbye]

I always say bitcoin is a crytocurrency and satoshi nakamato is the creator of bitcoin.The curiosity about bitcoin is the higher value so everyone want to. earn it. I explained everything i know every time they asked about bitcoin. Well as far as i know bitcoin is decentralize so no bank or middle man are not involve in every transactions, bitcoin also known for trading, shopping online, buying online games. first you can earn using mining, solving captcha, faucet,watching videos to earn satoshi. Then I recommend them to join in this forum to learn more about bitcoin.

[kingkonjac]

if they are serious in asking and want really to learn not just to make fun of it I firstly tell them what is blockchain and the benefits of it, if they are able to understand that than the next level I explain the btc.

[mkmittalg]

Bitcoin  is a virtual currency that was developed by anyone in 2009 with the pseudonym of Satoshi Nakamoto. Bitcoin can be said in digital currency and bittoine is used only on the internet bittoine can not be used without internet.

[loof99]

Bitcoin is a digital currency which came from the internet. It is also called a virtual currency. It can be use in making transactions such as paying bills or sending money and purchasing goods.
It is also has a higher value than to our traditional money.