Quote from: algopro on July 16, 2018, 04:47:46 PM

- If you want to boil it down to the core in order to explain digital cash-

You want to buy a toy you like from one of your friends. You could use some dollar bills to pay him, but that would be inconvenient as you would have to ask your parents to take you to the bank to get some money, and then you have to carry it all the way to your friend before you can have the toy. Instead you can send him the same amount of money from your computer with a cryptocurrency. It is like sending an email containing money.

I think this is a pretty good explanation of what cryptocurrency is all about. You gave a simple yet easily understandable example of what this digital currency is.