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?
Or someone who has heard about it but still don't understand how it works.
Can you explain bitcoin in the most Simple way?
I think explanations will far not enough to make someone understand it. For me, I'll will just explain that it is a cryptocurrency based on blockchain technology which born to make financial field better because of its system like decentralized, timestamps and many more those pointing in transparent financial system, like there will no double transaction, manipulation and something like that.
Then it become famous because its price and inspire many other coins established. I just will explain like that and will refer he/she to googling it for more detail
Because I think explanation will not never enough to make someone really understand.