Describe what is bitcoin for a 7 year old kid in few words

[jcarlo]

Future Investment.
Bitcoin is cryptocurrency and its a store of value like digital gold. Indeed the price always volatile but its long term investment and the price always growing. I think to describe what is bitcoin is future investment because its long term investment.

[biskitop]

for small children, especially for those who like games:
Bitcoin is a token that you can use to buy games and also top games to buy some game items that you play, so they will definitely be interested.

for adults:
bitcon is almost like gold but in digital form, where bitcoin has an estimated value for investment and also has functional value even though no store has officially used bitcoin as a payment tool, but you can use it as an agreement with your party. Moreover, the bitcoin transaction is peer to peer, so there is no third party that will make you more comfortable using Bitcoin.

[ansarose1]

It is hard to explain to a 7 year old kid since many people also finding hard to understand what bitcoin is. For me, i would just simply explain to the kid that bitcoin is a digital high valued currency.

[mornabo]

I would simply tell you that it is digital money that can be used to make transactions with few fees and in record time even if they are international, it is true that we have to invent easier ways to explain to people the use of bitcoin, because when you start talking about cryptography and how the blockchain works, we usually lose their attention.

because they are unfamiliar with those words, so they prefer not to hear that, I think we have to explain bitcoin in a simple way like we explain something to children. say that bitcoin is a digital currency that is not controlled by anyone, and you become a bank for yourself

[Olayinka225]

Bitcoin is a virtual or digital currency used in trading, payment option..
Moreso, that the price or value is been determined by the traders most especially supply and demand.

[owengtam09]

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!

It is hard to explain to a 7 year old kid what is bitcoin, and I think even if how simple you will say it to a kid they will never get interest with it. Imagine how hard to explain it to an adult and still they are not all interested with bitcoin. So, maybe it will still depend on a person how interest they are to bitcoin before they will understand bitcoin fully.

[millionaireshs]

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!

At 7 years old kid  is not fit to teach about bitcoin because at young age they want to enjoy their life in playing. even if you teach them it is useless they don't understand what is it so may at 10 years old that's possible to the kids willing to understand what bitcoin is.

[rhomzkie26]

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!

Bitcoin in my personal opinion, it is a virtual currency that can be use as mode of payment transaction in online merchants who are bitcoin accepted. Or any exchange in the other country. Because here in my country the major usage of bitcoin was remittances, which it can be send nationwide in my place.

[gabmen]

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!

It is hard to explain to a 7 year old kid what is bitcoin, and I think even if how simple you will say it to a kid they will never get interest with it. Imagine how hard to explain it to an adult and still they are not all interested with bitcoin. So, maybe it will still depend on a person how interest they are to bitcoin before they will understand bitcoin fully.

Well i'll describe it as something that they should be interested about when they grow older. Bitcoin is way beyond a 7yr old's capacity to digest and they should be focusing on playing and building a good foundation for eq.

[sikkan]

Good idea and perfect exercise for my brains. Never thought of doing it. Will try to explain it to my kids and see how it turns out.

[MarioV]

Being able to play freely in any enchanted place without anyone imprisons us by cheating the game.

[Kiryahs]

Just tell him that once he is 10, he will be able to buy anything for bitcoin or altcoin

[Lady Coquet]

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!

I think it is difficult for an average 7 years old people to understand the bitcoin at its simpliest explanation because at that age children aren't fully capable of absorbing data and information such thing however, if you are to explain what bitcoin is then it should be explain that bitcoin is a currency that can only be use via intenet to have transactions.

[Crafts12]

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!

Describing bitcoin to a 7 years old children is quite hard for a reason that your choice of words should be a simpliest word and easy to understand. If ever you are to explain what bitcoin is to that young age it should come like this: bitcoin is a cryptocurrency or a currency that doesn't come in physical. You can use it via internet and buy or pay things using internet connection and gadgets.

[pat4cryptoreal]

The perfect way to make a child of 7 years old understand bitcoin is to simplify it as much as possible by telling the child that bitcoin is money but it is money that is digital that can be sent to friends, family members and business associate without bank, government or any third party.

[oceantiger]

Bitcoin is money but not physical money so you cannot see it. It is digital money that nobody or government controls, for this reason, it is decentralized. and bitcoin is sent from one person to another person(P2P) without any third party who like any other payment system will mediate between these two persons for a fee but it is not so with bitcoin. The  P2P transaction will go through from one person to the other person and no service charge to any third party as there is none. Bitcoin runs on an electronic ledger called blockchain where the data is stored and can be confirmed any day.

[joromz1226]

Hi there
What's the most simple way to describe what bitcoin is for people?
Will be cool to read in the comments some new creative ways to do that!

Do you think a 7 year old kid will understand what bitcoin really means? and do you know also why I asked this things to you?
It is because most of the adults people can't get the catch of bitcoin how much more the kids at age 7 years old, isn't right?
and for almost 1 year of being here I never read or discover yet that there is 7 year old kid who is making a trade in crypto world.

[mahibul49]

i think a 7 year old kid will not understand bitcoin.but if he want to know about bitcoin then i will say bitcoin is our money.
though i know a 7 year kid will never ask about bitcoin.

[LoyceMobile]

Try to explain fiat money, you probably won't even find an adult who really understand it.
Bitcoin is much easier.

[pixie85]

i think a 7 year old kid will not understand bitcoin.but if he want to know about bitcoin then i will say bitcoin is our money.
though i know a 7 year kid will never ask about bitcoin.

Don't judge other people by your standards. There are many smart 7 year olds out there. If a kid understands the basic concept of money, it's easy to explain electronic money that isn't held by the bank but by you. Bitcoin is simply electronic money, money of the Internet, money not made by any government or a country but by the people.