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Topic
Board Bitcoin Discussion
Re: 5 Key words (short sentence) to explain BTC
by
dvndr007
on 23/11/2021, 06:05:09 UTC
Hi all,

I've been reading a lot about Bitcoin, watching interviews from Michael Saylor, Robert Breedlove, Pomp, Preston Pysh, read a book on Bitcoin/Blockchain......but for some weird reason, i still cant formulate a basic description of what is Bitcoin.
Yesterday, I was by myself and I asked myself : If you had to describe Bitcoin to a kid, or anybody, the very basic or simple aspect of it, how would you do it ?

For some reason, I wasnt able to say much beside :
-Its decentralised, its a «store of value», it can be seen as «property» (as opposed to land or house or anything that a govt can seized from you), and that all transactions or public to everybody via Blockchain.

I dont know if im retarded (loll) but I was very insastisfied of my description of Bitcoin compared to the work i've done to educate myself. Seems like the informations dont want to sync in my brain...
In a simple way, if you would like to explain  to a friend  the basic concept or nature of bitcoin, what would be the 5 key points/short sentence that  you would say ?

Once again, thank you Bitcoin family.
Always interesting to see your response !

1) Bitcoin is not controlled by anyone.
2) Please check Bitcoin chart how it perform before investing.
3) Bitcoin technical details are not required unless you are a miner.
4) you can transact worldwide without any third party interference.
5) Bitcoin is a fixed supply and decentralised asset.