Post
Topic
Board Bitcoin Discussion
Re: Explaining Bitcoin to a non-believer
by
notme
on 27/06/2013, 06:00:56 UTC
Bitcoin is an experiment in irreversible digital value transfer and storage.  It is not ready for the world.  That said, it is usable and there is a lot of potential upside if it is able to sustain itself until it is ready.

Right, but saying that to them just gets a reply of "exactly" its a scam and you'll loose your money, etc. Im just trying to show how it makes sense and can eventually be a valid, widy used currency, not "monopoly money"

Show them the white paper.  The only other thing they need to know is that the supply is capped at 21 million.  If they still don't get it, we aren't ready for them yet.

http://www.bitcoin.org/bitcoin.pdf