eMansipater,
We should probably go a little deeper into BTC for new people, other than tell them your #2 BTC is just like Cash, BTC is just like Cash, BTC is just like Cash, BTC is just like Cash, BTC is just like Cash.
Because once they have BTC, they find out, wait, BTC isn't just like Cash. Can't pay my rent with it, can pay the Power bill with it. And, it isn't as secretive as Cash. BTC records all transactions, Cash doesn't. My Wallet.Dat('s) has a history of my transactions, My IRL wallet, doesn't.
The reason #2 is labelled "legal" is that the cash analogy is directed only at questions of legality and potential abuse, where it is very nearly perfect. But the threads I am working on
here are definitely intended to explain BitCoin in general much more effectively. If you'd like to support the work, feel free to help out and/or tip the linked post--number of tips especially (more than than the value of them) lets me know people are taking these efforts seriously and consider them worthwhile; it also helps me to (mildly) justify the amount of time I take away from my business to work on this.