How Would You Explain Bitcoin to a Newbie?

[Fathurrahman27]

First, when we want to teach a newbie about bitcoin, we must have a very patient attitude and understand how bitcoin works to make everyone successful with the cryptocurencies. After that, teach them step by step about what is mining / faucet / trading or ect. and the last let them try to work alone.

[PepperaOnIt]

i will explain this in the way i will convince them to join me in this bitcoin forum like, you can get a lots and thousand dollars in this bitcoin in easy way like you are doing in facebook. i can also say that if you invest in bitcoin, it is like having a gold that can make the price high every month.

[@chad]

Bitcoin is a digital asset designed to work as a currency. It is commonly referred to with terms like digital currency, digital cash, virtual currency, electronic currency, or cryptocurrency.

[syberwolfen]

Bitcoin is a digital asset designed to work as a currency. It is commonly referred to with terms like digital currency, digital cash, virtual currency, electronic currency, or cryptocurrency.

In other words bitcoin is a digital currency where you can have control over your money and not the bankers and you can transfer it to any part of world within hours and it's the future of digital currency.

[maxamus]

i will explain this in the way i will convince them to join me in this bitcoin forum like, you can get a lots and thousand dollars in this bitcoin in easy way like you are doing in facebook. i can also say that if you invest in bitcoin, it is like having a gold that can make the price high every month.

You started well the best way of explaining bitcoin to someone new to btc is making them use it and portraying the benefit of bitcoin which new user can understand only through this forum and only when he/she starts using it real time.

[thedarksun]

Its the future

Haha the easiest one to understand, but just want to admire that it is possible that it will be normal currency for everyone.

[KatieLone]

I would tell him to watch this video:

Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin's Private Keys
https://www.youtube.com/watch?v=ZloHVKk7DHk&t

I think this says it in plain engish

[jazmuzika217]

Thats a tough question. For me, explaining bitcoin to someone whos totally new to this is a very hard task. Especially older ones, we had to admit that young people are most technical than grandma and grandpa. But i really do believe that it just depends on the person explaining the BTC. I had read some comments/reply regarding to this and i found out that theres a lot of videos and articles that really explain well about BTC.

[Hello_Bubble_World]

How Would You Explain Bitcoin to a Newbie?
BTC has value because of limited supply and an increasing number of people who accept it as money. If they want to know more, mention the "crimes and scandals" are the fault of humans and also happen with paper money.

[febryza]

just explain them that bitcoin is a virtual money, and it's become cryptocurrency in worldwide that should be connect to internet to use it.

[GijdRi]

I would say it is controlled decentralized haos

[quincyemerald]

Please I need detailed explanation of what bitcoin is.

[sousou123]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

Bitcoin is a virtual currency,  it's very easy to use ,show him some youtube video

[echeverialavi]

I would show some movie and give some sourses to read.

[doreraj]

it's pretty much depend what the person is what is his background...
for each human experience and type of understanding some new information in general the easies way will be different.

[Hello_Bubble_World]

Bitcoin in a nutshell

Pretend you are in math class, your teacher tells you to solve problems using equations, you and all your friends and classmates start doing different problems, if you successfully answer a math problem, you are given a cookie. Those cookies are Bitcoins and you are the teacher, and your classmates are the computer, you command your computer. You tell your computer to mine (solve problems), and in return you are given a small amount of Bitcoin (cookies).

Cookies?   
https://i.pinimg.com/736x/af/a5/76/afa576e570d3c48d5d18cc3afec6226e--triple-chocolate-chip-cookies-chocolate-chips.jpg

Your explanation is unique, good job.

Its the future

OP did ask for something simple, and you came through.

[CryptoAssasin]

Bitcoin is an online money and can only be use through online transactions, online investments and money transfer internationally. It changes its price depending on the stocks and demand on the market.

[Torbeks]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I will tell them that bitcoin is good to get some extra money and they can use it as a side line or a full time and they can trust bitcoin and they need to rank up first so they can join in every signature campaign they want.

[thinkpad99]

How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.

Can you explain bitcoin in the most Simple way?

I will tell them that bitcoin is good to get some extra money and they can use it as a side line or a full time and they can trust bitcoin and they need to rank up first so they can join in every signature campaign they want.

You can find many interesting information on Youtub. If you are struggling with some specific problem you can safely write here, there will definitely be someone who can help you.

[podopdof00]

bitcoin is the first crypto currency which started in 2009 at a rate of cents.. Now it is almost more than 5500$ worth.. Its a future investment and leading crypto currency at the present ..