I'd like this thread to be a discussion on creating a sort of script on how to go about briefly explaining Bitcoins to the average person. Word of mouth has played, and will continue to play, a huge role in Bitcoin's adoption, and so it makes sense that we're all prepared to explain it efficiently and effectively.
If you had 45 seconds, through an informal conversation with a friend, how would you explain it?
Some of the common responses i've received are:
1. I can already buy stuff electronically with a credit card.
2. WTF does cryptocurrency mean?
3. Can't I just get hacked?
4. Can't someone just hack the bitcoin code?
5. So it's just electronic gold?
6. Why can't someone just make fake coins?
7. Blockchain? Hashes? Confirmations? This is all too technical for me, I don't even understand what code is. I'll just stick with the paper dollar in my hand, can't hack that.
8. So would a retail store have a separate price for Bitcoins since it cuts out the cost of "middle men"?
Add your own.
