Often I'm asked to explain BTC to someone and occasionally I come up with something stellar that really nails it, but most times it's a rambling incoherent mess.
What I would like to see is a short and simple explanation of what BTC is that is suitable for someone non-technical to understand.
BTC is a virtual currency used for sending a monetary amount that does not involve government intervention.
Thus, it will not incur taxes and it is favorable especially for businesses.