Please sum up bitcoin in less than 200 words. !! ( for a small flyer )

[awesomeami]

IGNORE MY POST - WILL RE EDIT

Sry 4 my bad engrish
But ur guys "selling" bitcoins or advertising.
I mean many of you...

Tell your mom or grandpa in a few words what is bitcoins.
Absolutely not crypto, programmable and such sh8t.

My few satoshis (feel free translate it to english )
Bitcoin is like paypal or world_bank for every1 in da world with internet. No authority, no IDs, no banks, no chargebacks.
You dont't need an email, FB, papyal CC, ID or whatever. You can buy it with cash or bank account on exchange.
You with 1 click.


It price will be 100x higher in

[s2]

Mention "peer to peer" and 99% of the world's eyes will glaze over with 'sounds like a scam' or 'this is for geeks'
This is what is holding bitcoin back, most people on here all very techy savy so can see the elegance of the bitcoin system, mining, cryptography used, proof of work, etc..  and want to enlighten people on this amazing tech but most people in the world dont' give a c**p about how it works, but they should care what it's implication is.

I too would love to hear is a succinct way of describing why people should care and how they get them.

Here's my 200 word summary in case it inspires a reasonable elevator pitch I can use too as this is a bit long winded...


Bitcoin is a limited resource commodity (only 21 million ever to be available) whereby the value, currently at ~£80/coin, comes from people wanting to own some fraction of these limited coins to trade with other people.  Anyone can create a wallet, which is much like a random email address, to store their coins.  Local currency, products or work can be used to exchange bitcoins from someone who already owns some. Only the person with the wallet password can transfer coins from that wallet to another person's wallet and is incredibly secure by design.  It is the most successful digital commodity experiment to date and not run or owned by any company, government or individual.  It is paradigm shift for world trading in that banks are no longer necessary to facilitate transactions or store personal wealth.

[Corelianer]

-Bitcoin is Internet Money that cannot inflate cause of a fixed limit of 21 Million.
-You can trasfer it within minutes anywhere in the world.
-Transfers cannot be reversed, same as Ca$h.
-People store and exchange Bitcoins directly. There is no Bank needed.
- Transaction costs are multiple times lower than Bank-Transfers


(my Grandma knows exactly what "inflate" means cause she lived during the 2nd World War)

I think the lack of inflation would get me a big   fom my grandma

I would avoid to say it's peer-to-peer money, my grandma knows nothing about p2p. It's also not neccessary.

[b!z]

-Bitcoin is Internet Money that cannot inflate cause of a fixed limit of 21 Million.
-You can trasfer it within minutes anywhere in the world.
-Transfers cannot be reversed, same as Ca$h.
-People store and exchange Bitcoins directly. There is no Bank needed.


(my Grandma knows exactly what "inflate" means cause she lived during the 2nd World War)

I think the lack of inflation would get me a big  fom my grandma

I would avoid to say it's peer-to-peer money, my grandma knows nothing about p2p. It's also not neccessary.

You can tell her it is decentralized, and it is run by the whole network of computer.