Bitcoin is hard to explain. I also experienced difficulties in understanding bitcoin for the first time. Let's share how to explain bitcoin to children of teenagers. In my country, I can say that 98% of children do not know bitcoin. In fact, bitcoin can be future money. If children are not familiar with cryptocurrency or bitcoin, how they might face the digital age in the future.
It is good for the coming generation to know about Bitcoin because they are the ones going to experience the fully revolution of it. Bitcoin can be taught as the first cryptocurrency or virtual currency to be founded and it operates on a decentralized model where holders or parties involved in its transaction are given the power or control over their own transactions without the interference of any central authoritative body. It offers classic security, speed and low transaction cost as compared to the fiat.