Post
Topic
Board Beginners & Help
Re: How Would You Explain Bitcoin to a Newbie?
by
Sid3d
on 27/10/2017, 14:32:00 UTC
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?
There is a Russian expression - brevity is the sister of talent. In my opinion, the whole essence of Bitcoin is described in your words. Smiley