How To Explain Bitcoin To Your Grandparents

[aigeezer]

Well, yes it does make assumptions based on age

That is the problem. It confounds "age" with "resistance to change" or "stupidity" or "low technical ability" or some such characteristic for which the explanation project might be appropriate.

Presumably the actual goal is "to explain BTC to people who don't understand it" (of any age).

Using "grandparents" is a distraction from the actual task, and is a gratuitous insult to many people - for absolutely no gain to the project.

Substitute any other generic group descriptor for "grandparents", preferably one that fits your own demographic, whatever it may be, and feel the sting for yourself. If that's not strong enough, imagine stereotypical corny drawings added for demeaning emphasis, along with stereotypical corny dialog attributed to the target group.

Those things hurt, people, and you gain nothing from it in terms of advancing your stated goal of explaining BTC.

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[Cenenigo]

Watch for typos eg "Your have spent"
So this is aimed at the savvy Sir Branson demographic, are you doing one in simpler terms for younger people?

[Jubettarr]

Grandma would probably point out that that "dwarves" is the plural noun, while "dwarfs" is the verb.
Also, that is a long-winded infographic.

[thisisthis]

I've tried to explain bitcoins to my grandparents serveral times but they only understand that btc is a sort of future investment.

[666uazan]

If it is explained in a paragraph, let alone multiple paragraphs, you're doing it wrong: Bitcoin is like Paypal, but Bitcoin is its own currency.

[Riniaiokl]

Two objections:
1) "Probably not at the local grocer yet yet but its any matter of time" - Hell no...
2) "Cutting deep under typical credit card fees" - Grandma does not pay credit card fees...grocer does..

[Tenarlty]

as for me the explanation is pretty simple: paper money is backed by gov. bitcoin is backed by nothing.

[Yeezus]

Tell them it's magical internet money  . I'd just say it's a decentralised digital currency not issued by a central bank or government and is created in a process called mining which is comparable to mining for gold, except computers on the network do all the effort to get them as opposed to physical labour or excavation.

[freedomno1]

That's a long infographic
Then again it is a difficult concept to handle initially so it's a nice addition.
But it needs to handle those groceries ! ^_^

[BitCoinNutJob]

send any noobs to ceoofbitcoin.com for easy answers < however the site needs top answers and community answers