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Topic: How do you explain Bitcoins to your Grandma? (Read 1049 times)

legendary
Activity: 2408
Merit: 1121
I'd say its "internet money".

A gross oversimplification, to be sure, but still has the right core pieces. Or maybe "Cash without the mass." (I suppose you could add up all the electrons mass that a single bitcoin needs to be represented in binary, but I'm not about to take that on Smiley )

hero member
Activity: 588
Merit: 500
Hey, it's digital money the government can't cheat you out of! Now, who's selling vodka for bitcoins? Cheesy
sr. member
Activity: 350
Merit: 250
"Grand ma,  i am was happy to found the better ponzy scheme in the world, in starting moment of its rise. I am even do not need money to participate, just my computer time. Thats my greatest chance in all my life"
.
Well, i am do not think like that, but thats how i am will explain it to my Grand ma.
full member
Activity: 126
Merit: 100
Oh man...you don't? LOL.

What's funny is that my grandma was the branch manager of a bank for like 30 years, but she knows nothing about computers, so I have no idea how things would go if I tried to explain Bitcoin to her.
newbie
Activity: 21
Merit: 0
she asks me what i have been doing hunching over the computer over the past 2 weeks.

how do you explain bitcoins to her? preferably with simple english and within 1 or 2 sentence.
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