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Explain Bitcoin in 1 sentence. - Printable Version

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Explain Bitcoin in 1 sentence. - Net - Oct 20, 2021

Have a small challenge for you people. I want you to explain Bitcoin in 1 sentence to an ordinary person who has never heard about Bitcoin.


RE: Explain Bitcoin in 1 sentence. - Goku - Oct 20, 2021

Technology that relies on a decentralized way of transactions.


RE: Explain Bitcoin in 1 sentence. - SIM-1866423 - Oct 20, 2021

Same as bank systems but decentralized.


RE: Explain Bitcoin in 1 sentence. - skull - Oct 20, 2021

Would it be rude to call it a virtual valuta 😆


RE: Explain Bitcoin in 1 sentence. - xHeaven - Oct 20, 2021

Gold, but better and virtual.


RE: Explain Bitcoin in 1 sentence. - Lyralei - Oct 20, 2021

A currency governed by the people. (I wish.)


RE: Explain Bitcoin in 1 sentence. - Koyote - Oct 20, 2021

A virtual currency that gives people power over banks.


RE: Explain Bitcoin in 1 sentence. - Omniscient - Oct 20, 2021

A revolutionary new digital asset that has no centralized authority which can control, ban, or stop it.


RE: Explain Bitcoin in 1 sentence. - Silence - Oct 20, 2021

The pillar of digital currency (em)powering a large bunch of smaller digital currency types.


RE: Explain Bitcoin in 1 sentence. - Icey. - Oct 20, 2021

ONE BIT
ONE COIN
BITCOIN


RE: Explain Bitcoin in 1 sentence. - Bench Press - Oct 20, 2021

A physical, shiny gold coin worth over $60,000.


RE: Explain Bitcoin in 1 sentence. - Lyrica - Oct 20, 2021

Bitcoin is a digital currency that can be used to buy and sell goods and services.


RE: Explain Bitcoin in 1 sentence. - SIM-3336514 - Oct 20, 2021

peer to peer digital currency in a Decentralized network that can generate & verify transactions.


RE: Explain Bitcoin in 1 sentence. - Yin Yang - Oct 20, 2021

A fixed supply of P2P currency


RE: Explain Bitcoin in 1 sentence. - notacstudent - Oct 20, 2021

In retrospect, it was inevitable