How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.
Can you explain bitcoin in the most Simple way?
"Bitcoin is a technology that allows you to globally send money on the internet without the needs for banks or other middle-men."
Or is that too shallow a description?
Thank you, not shallow. But do I really need bitcoin if I work and get paid cash and I keep my money in my house, take the little I want to use when I want to.
Or is Bitcoin for rich people who have a lot of money. Must everyone use bitcoin?