What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
The first thing that i will tell them is PROFITEERING BUT VERY RISKY,and other extended words that may attract them to check and invest,though i will not push them to do so,because i dont wanna be blamed when they fail in cryptocurrency,whats important is the additive to their mind about this
Now risk is no more in bitcoin as it is now very famous and popular so people trust to invest in bitcoin on the behalf of high profit, well if you will tell them about the right way of investment then they will not be lose as they will earn, try to convince people by telling them right thing about bitcoin, as if we invest in bitcoin at time of low price and we hold it for the long time without panic selling then it is profit worthy and RISKFREE CURRENCY AND INVESTMETN.