I have explain to so many people about Bitcoin and cryptocurrency general. I usually start this way..
What is cryptocurrency?
Cryptocurrency is a form of e-currency. It is just like the normal money we spend on daily basis but differs in the sense that. Cryptocurrency is decentralized i.e. no one, Government or individual has direct control over it. Only available and usable on the Internet but can be cashed out /converted to your local currency. It has no specific or fixed value. The value is determined by how you and I view and trade on it.There's little or no charges to acquire them. Easily transferred, stored and used.
I do share more also