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Author Topic: Bitcoin explanation for dummies: The "Safe" Analogy!  (Read 1491 times)
The Bitcoin Catalog
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August 19, 2013, 09:45:36 PM
 #1

We have just added a little story on our website to help understand bitcoin for a larger audience. Here how it goes:

Quote
Imagine there are a bunch of safes, each with a number printed on them, lined up in a public place. The safes are very secure, bolted to the ground, and no known technology can cut them open.

Each safe has a slot in the top, allowing money to be dropped in. To get the money out, you need the key that opens the safe. The keys are also very secure, and nobody can pick the lock or open it without a perfect copy of the key.......... Read More

Share this link to all your friends and familly to help them understand how bitcoin works in a non technical approach!

http://thebitcoincatalog.com/safe-analogy/

The Bitcoin Catalog: Second edition coming out in November! Click here for a  FREE pdf catalog!
Follow us on twitter! @BTCcatalog
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August 19, 2013, 09:52:21 PM
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very nice to get some people started. good job.
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August 20, 2013, 04:02:39 AM
 #3

Thank you!

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August 20, 2013, 03:23:03 PM
 #4

Bump  Smiley

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August 28, 2013, 07:21:22 PM
 #5

Bump!

The Bitcoin Catalog: Second edition coming out in November! Click here for a  FREE pdf catalog!
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August 28, 2013, 07:30:29 PM
 #6

Damn, that was a great read! It is explained properly and very very clear. Well done!

Oh hey, you are the owner. Just a quick question, when does Edition two come out? Bought an place in it and was just wondering ;p

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August 28, 2013, 10:22:29 PM
 #7

Damn, that was a great read! It is explained properly and very very clear. Well done!

Oh hey, you are the owner. Just a quick question, when does Edition two come out? Bought an place in it and was just wondering ;p

Our next edition is planned for next November

The Bitcoin Catalog: Second edition coming out in November! Click here for a  FREE pdf catalog!
Follow us on twitter! @BTCcatalog
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August 28, 2013, 10:29:57 PM
 #8

Damn, that was a great read! It is explained properly and very very clear. Well done!

Oh hey, you are the owner. Just a quick question, when does Edition two come out? Bought an place in it and was just wondering ;p

Our next edition is planned for next November
Next November in like next year November? Because that is a long wait. If you mean upcoming November, yeah!

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August 28, 2013, 11:18:47 PM
 #9

Damn, that was a great read! It is explained properly and very very clear. Well done!

Oh hey, you are the owner. Just a quick question, when does Edition two come out? Bought an place in it and was just wondering ;p

Our next edition is planned for next November
Next November in like next year November? Because that is a long wait. If you mean upcoming November, yeah!

Yes, Upcoming November  Wink

The Bitcoin Catalog: Second edition coming out in November! Click here for a  FREE pdf catalog!
Follow us on twitter! @BTCcatalog
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August 28, 2013, 11:21:45 PM
 #10

Nice. I find it awfully hard to explain about Bitcoin and help friends get started. Therefore, I'll just be sending them this from now on.



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August 29, 2013, 03:44:23 PM
 #11

Nice. I find it awfully hard to explain about Bitcoin and help friends get started. Therefore, I'll just be sending them this from now on.

Great! This is why we have done this  Wink

The Bitcoin Catalog: Second edition coming out in November! Click here for a  FREE pdf catalog!
Follow us on twitter! @BTCcatalog
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