Quote from: BIT-Sharon on August 13, 2015, 01:07:37 AM

Bitcoin is a financial experiment, it simulates the charaters of gold by the way of mathematics and computer. Currently， it has nearly 10,000,000 bitcoin users，and the amount is increasing. Bitcoin system provides a possibility of building a new and open payment system, the consumers and merchants could finish the payment behavior only by supporting the payment agreement of bitcoin and legal coins wallet. Bitcoin is only an open transmission tool of value.

I like this concise description of Bitcoin.

BTW, I think Luxembourg could soon be the financial hub of the European crypto scene. Ripple Labs and the PM of Luxembourg are having serious discussions.