Post
Topic
Board Beginners & Help
Re: Explaining Bitcoin to non-technical non-savvy people
by
libertine
on 30/04/2013, 00:29:49 UTC
hmm hmm a bitcoin, I explain them to family and friends basically saying:

"you know how we used to have paper cash a few years back? and this was the only way of buying things? then we had chip and pin? and now we buy things over ebay just by entering our card numbers? well now some techie brain box has created these things called bitcoins and they are similar to chip and pin or paypal but they aren't used in this country alone and, there global.... and the fees are cheaper because your bitcoin is worth the same in every country.... so if you buy a shirt from America then a pair of shoes from china then if you had bitcoin it would be worth the same in any country. there wouldn't be exchange fees or commission it would be as simple as buying or selling something in our country with our money."

so I just sum it up by saying, imagine a currency that you can use anywhere, in any country, a global currency. that is what bitcoin is. no exchange rates, no bank delays, no commission.no hassle.

just smiles all around  Grin Grin Grin