WRONG
it not
Alice: $5
Bob:$10
its actually
1xyz: $5 -> 1abc: $4
-> 1zyz: $1
1efg: $10 -> 1tuv: $10
or in ELI-5
alice pays bob $4
dave pays gary $10
there is no database of names or 'balance'
bitcoin is a list of transfers. not account balances
I don't think talking about UTOs is the best way to help people understand. As the title states, this is to explain bitcoin to a 5 year old. Working on a more "accurate" and technical version for those ready to learn more