Topic: Way to explain what is the bitcoin (Read 452 times)

Different opinions and use cases doesn't change what it actually is, and it is basically a digital currency that was created to provide financial privacy to people and create a payment system that doesn't require a central authority to operate, and that is what blockchain does and Bitcoin runs on the blockchain created for it, so no matter how different people use it or think of it, it will stay the same thing but it is just that the value keeps changing over time based on the demand.

We all know that most people nowadays take Bitcoin as an investment asset and the reason for that is because it's price has been going up significantly since it got famous because it has a limited supply and the demand keeps increasing over time, and based on the theory on supply and demand, it will keep going up.

Here's my analogy. Imagine the world of finance as a vast ocean, and traditional money as a collection of various containers like bottles, buckets, and barrels. Each container represents a different form of currency, such as the US dollar, Euro, or Japanese Yen.

Now, in this ocean, there is a unique and extraordinary cup called Bitcoin. Unlike the other containers, Bitcoin's cup is much larger and more special. It's like a magical cup with infinite capacity, capable of holding an enormous amount of value – much more than any other container in the entire ocean.

The ocean represents the flow of money and wealth in the global economy, with transactions constantly moving like waves. The smaller containers, like coins and other cryptocurrencies, try to capture as much money as they can from the flowing ocean. But due to their limited capacity, they get filled quickly and need to be emptied frequently.

On the other hand, Bitcoin's cup, being so much larger, can capture a massive amount of value from the ocean. It has the unique ability to collect and hold a substantial share of the money flowing through the financial system. This is why Bitcoin is often referred to as "digital gold" – it can store and preserve wealth on a much grander scale.

Just like a savvy investor who recognizes the incredible potential of Bitcoin, someone who owns this special cup can accumulate wealth and watch it grow over time. Of course, there are risks, and the value of Bitcoin can fluctuate with the tides of the financial ocean. But those who hold onto their Bitcoin cup during both calm and stormy waters have the opportunity to capture a significant share of the world's wealth, making it a unique and powerful asset in the vast ocean of finance.

I found it so confusing to understand what you are trying to define what bitcoin is, but I think what you are trying to say is that bitcoin is such a important thing and should be keep. Let's just make it in a simple way, you can identify bitcoin as online money or electronic money, this is really different in fiat currency as, there is no government included in this currency, it only means you are the one who has control on your own money. If you want to define crypto to newbie you may also add some advantage and disadvantage of using cryptocurrency.

I don't know on what basis you are comparing bitcoin to cup and money to water? You have explained bitcoin and money with very strange examples, but if you are to be believed, bitcoin is the biggest cup. You need money to buy a bigger cup or more cups. Those who have more capital can buy more cups and bigger cups. How can you compare money to rainwater or running water?
 Making money is not that easy. This is a natural process for those who have more capital. Earns high return on investment. Those with less capital earn less profit.

Not just In the cryptocurrency market, but in all investments where good returns are expected, there are risks of loss. You mentioned profit here but completely ignored loss. Making money into water and bitcoin into cups made everything so easy which is not fact, However, in the real life it is not as easy as you think.

It is simple. A digital currency which has a volatile market value and decentralized. These are the characteristics of Bitcoin but why does it seem to be hard to be understood by others? simply because pf the impression they are havong. They'd more likely focus with two things; profit and risk. Those things create confusion whether to engage or not.Agree with the amount to invest. Many people are not considering Bitcoin investment because they think that buying 1 whole Bitcoin as a start up, is expensive already without realizing that any amount would really do. Ofcourse it already has an expensive market value that's why we have an option to just invest a portion of it and earn profit by holding. This also has something to do with impression such that the bigger you invest, the bigger the profit is which is true in the first place. But they are simply losing the chance to earn profit by choosing not to. Slamm profit is still a profit.

There are still some people who are still trying to propagate bitcoin as a currency, a peer-to-peer payment method like what Satoshi created bitcoin. But to be honest, I don't see that coming true, people have made bitcoin an asset and market newcomers only know one thing. Bitcoin is an investment asset, it is not the future of currency. Like it or not, bitcoin has been and is widely known as an investment. I can't claim the idea of bitcoin as a currency has failed, but it's on its way.

Bitcoin could mean alot to many people, some make use of bitcoin base on the area of need they have found it to be a solution changer for them, bitcoin is something that has to be addressed and understood base on the level of the demands in need to those it's been introduced to, some take as a financial freedom currency they can have their privacy from, some invested in it to secure their asset, some make investment in bitcoin base on the needs for them to make profits and so on, how we could explain what bitcoin is are many but the solution applied to us determine the way we define it.

Because for now the investment word is always associated with it that's why many got a wrong impression about it. But if we really read up or dig up some information about it about its use case bitcoin is created as currency and meant to be use for p2p transactions. But for now since this is not well adopted yet and no government on first world country declared it as their alternative currency maybe the impression about that this is an investment might remain to other new comers on crypto space.

more people today know Bitcoin as an investment asset. several countries also regulate regulations regarding Bitcoin ownership as an investment asset, not as a means of payment. it is possible that it clashes with currency regulations in each different country.
many people know Bitcoin from exchange advertisements. that is what makes the perception of Bitcoin as a tradable investment asset perhaps more widely understood by most people.

Please carefully read what you typed before publishing anything; if there are any problems, you will remedy them.  All what you are saying is not straightforward, and it will be difficult for someone to understand what you are attempting to express.

But I see you're attempting to explain Bitcoin in a straightforward manner. Bitcoin is a digital currency (also known as cryptocurrency) whose objective is to eliminate the problems we now have when sending/spending money online. You may believe that the current system is enough, but keep in mind that every transaction must pass through a bank or credit card system, which gets a cut from each transaction. In other words, Bitcoin's purpose is to devise a method to eliminate

1.Try to improve your English.
2.Your comparison is wrong. Comparing BTC to a cup means that your earning or investment potential is limited(or that the amount of BTC, which you can store in a BTC wallet is limited).
I would compare Bitcoin mining hardware to cups full or water, because their earning potential is limited to their capacity(and several other factors like electricity prices, hashrate, current BTC price, other costs, etc.).
Fiat money is a like an ocean of low quality salty water, while Bitcoin is like a stream of fresh high quality mineral water, which you can drink.
This is a way better explanation of what Bitcoin is in my opinion.
 

It's hard to understand your analogy even though I've read your post above many times. You try to give a simple example by saying Bitcoin is like a cup to hold water, but you shouldn't say Bitcoin and Gold are the same, this is a wrong perception in my opinion. You can take examples from anywhere to apply the advantages of Bitcoin, at least the positive things I have quoted from the explanation above, you already understand the functions and uses of Bitcoin.

The point of the example above is that Bitcoin is a place to look for profit, the more Bitcoin you save, the greater the profit you will earn. This is the real goal, try to find a simpler idea to make it easier for readers to understand your intentions and goals.

bitcoin is a completely virtual currency it does not need any other bank or institution to store it, it can store its own value. Bitcoin behaves like gold It increases its value like heaven and can be exchanged at will by storing it it is possible to make a lot of money by selling it if the price increases in the future. The best way to invest in bitcoin is to invest for the long term stick to it never invest more than you can afford to lose. You don't necessarily have to buy the whole coin, you can buy fractions and monitor it you can always add at any time. But will have to wait patiently it is not possible to earn profit if you don't hold it for long term.

Indeed.

Wouldn't it be easier to simply say that bitcoin is a digital currency that was created to be able to make transactions without having to rely on a central authority? Something like that, and from here we could expand on the role of miners and nodes. But the metaphorical form does not help to understand anything in my opinion.

Sounds complicated to my understanding, OP please next time try to make your sentence simply and don't speak with words that one will find difficult to get your information. Bitcoin is a volatile asset with great potential which most bitcoiners have  seen the difference of bitcoin from fiat currency. Bitcoin was created to be an alternative payment method and not just an investment. For you to make profit you must see bitcoin as a digital gold that is more precious to keep it than selling it because of the little increase in price. The longer you hodli,the higher chance you have of making good profit.

You try to compare bitcoin with an analogy and it won't answer people's doubts about bitcoin for some of them who don't know anything at all. Someone who doesn't understand what bitcoin is wants to hear a much more scientific explanation because when they are involved in it they need money. To make sure what bitcoin is is not as easy as it sounds because people need a detailed explanation of the travel process or how to use it properly.

Learn the basics and provide an understanding of the technical stuff to those you want to teach and also tell them the risks, though there is no reason why we need to teach bitcoin to others and if you want to then do so.

I mean in my opinion it wasn't a great thing to teach Bitcoin to someone that wasn't really interested, the only best way to learn Bitcoin is to learn Bitcoin on their own and have their own interpretation of it, and there are going to get that if they already have knowledge on there own and experience it already. I've heard a lot of stories where they tried to teach Bitcoin to their friends and it wasn't really effective, and some are just going to blame you because they lose money on their investment in cryptocurrency. This was all a pretty normal thing that is going to happen if you just encourage them and they are not really interested in it they are just interested in the profit.

The thing is you just need to explain the basics something like here is Bitcoin, it's a digital currency blah blah, and then say something like try to take a look at it and see if you're going to like it. Because in the end if they really wanted to invest on go into Bitcoin and cryptocurrency they need to do it on there own anyway.

I am a long time bitcoin investor although I am not very good, but I still have the basics. But honestly, reading your explanation of bitcoin, I really don't know what you're talking about. Hey mate, you don't have to use metaphors and complicate things. You just need to explain in the simplest way it is money, it is an investment that can bring high returns. That's enough, if the listener is interested in that, then let's continue the story by comparing bitcoin to fiat, as the two are completely opposite. They will have a better grasp of everything about bitcoin.

The most difficult task in the world is to understand the mind of girls. Just like your post is like understanding the mind of girls. However you tried to explain Bitcoin from your own point of view. Cash crops are the most valuable asset for a country in modern civilization. Bitcoin is like a cash crop out there. Countries that export cash crops earn huge amounts of foreign exchange, so you can be on the verge of success by investing in Bitcoin.

Your explanation is not nice for everyone and will be too rookie for some people. If you must talk about bitcoins to someone, Observe the kind of person the person is, so you know the best way to explain bitcoins to them. If you give the explanation that is childish to someone who is mature, they will not be interested, so you always need to understand the exposure of the person you are talking to so you know the best approach for them. To some people, simply referring  them to read a book, watch a video or to join this forum is enough for them.

This is the most ridiculous way of explaining about Bitcoins, I have witnessed today. Literally nothing was understood except the cups and selling part. Nevertheless OP you tried and we all appreciate it. But if you want to make a person understand about Bitcoins, then you can easily do it. Tell him, Bitcoins are digital asset or belongings, that a person buys and owns. Now if he wants, he can sell these digital coins and get back the money. And everytime the price of Bitcoins keeps on fluctuating. So buy it when price is down, and sell when price is up. Simple way to understand why Bitcoins and How Bitcoins.

It’s better to explain the new people about the bitcoin in this forum.You can explain simple to made other to understand properly,because sometimes your words will be lesson to the new people into the crypto currency.The bitcoin was created to replace the bank,but due to some of the government still made it illegal.The bitcoin struggle to become a bank,but bitcoin now was used as asset to hold people money like the stocks.When the cup was empty,your life will be empty.It’s very essential one to hold their crypto currency after they brought from saving.

I can understand some and some of these words I do not understand. The point is this analogy is quite difficult to digest. And maybe something is missing from there. But I like your effort on this.

I prefer to think that money is water without limits (it can be printed without borders/oceans and rivers), whereas BTC is like the water of life which is only in the only pool in the world. the water is limited and cannot be reproduced but it can be broken down. because this water is limited, the more people who want to have it, the more valuable the value of this water. In the past, people sold a bucket of this water for 1 dollar and now people sell a bucket for around 30 thousand dollars.

Ah never mind I'm not good at analogies and stringing words. i just tried it for fun and following your OP.

I don't want to make things difficult. So it's better for me to guide people who need bitcoin explanation on one of the good topics which is also one of my favorite topics made by fillippone.
~5 Resources to teach Average Joe about Bitcoin~

It's a very peculiar metaphor the op got there, and I think it's inaccurate. Bitcoin isn't a cup, it's a liquid. It can be transferred to others like a liquid, and it can become thicker and thinner (volatility). Banks are like bottle management factories that take the water, put it into the bottles, sometimes send the bottles elsewhere, approve transfers from one bottle to another. And with Bitcoin, you can have your own cup (non-custodial wallet) and choose to pour your liquid into another cup without needing to go through a factory that approves liquid transfers.

The longer a person invests in Bitcoin, the more likely he or she will make a profit. Long-term investment requires patience. If I buy bitcoins and sell bitcoins within a few days, then I will never know how much I gained by buying bitcoins. We should hold Bitcoin for a long time because of the potential. Because so far most of those who have held Bitcoin for a long time have made a big profit from their investment. As you have given the example of just filling the cup with rainwater during rain and not emptying the cup. In other words, you understand the opportunity here to buy only bitcoins and hold them for a long time. If we plan long-term with Bitcoin, we can certainly earn more from Bitcoin than we expect.

we could see bitcoin as a unique type of "cup" with an expandable capacity, due to its unique deflationary aspect and capped supply.

However, likening smaller coins to smaller cups might be a simplistic view. While smaller cryptocurrencies do have smaller market caps, their potential for growth can sometimes outperform bitcoin. So, they might be smaller "cups," but they can hold a significant amount of "rain" too.

And yes, "selling BTC early" could be seen as "emptying your cup" prematurely. Still, smart investors often have multiple "cups," diversified across different assets. This way, they can "collect rain" across various weather conditions!

For a moment think that the other person do not know anything about Bitcoin and giving such examples will further confuse him.

To start with, you should tell that Bitcoin is digital money and try to compare it with paper money. This way the person may understand quickly and may not remain in the puzzle. After giving some introduction of Bitcoin, you can give him some basic Bitcoin videos or article links and if he/she will be keen to know more about it, they will definitely study about it.

I think it's not good to explain people like this. We know that people have different level of learning capabilities and that's we should think for before we speak. We all know that even how much we tried to convince people with our best, we can't assure that they will get into Bitcoin but the art of teaching is really helpful for those who are interested to Bitcoin. We shouldn't waste those people who are interested to Bitcoin and we should grab it if there's an opportunity. Not only them will benefit Bitcoin but we as well.

I think OP is trying to analyze or bring up a really interesting analogy, but unfortunately, his inability or in-access to proper English and use of punctuations as it is supposed to failed him, and caused his analogy to make absolutely no sense, at least, to me.

Bitcoin is money as we all know, a decentralized money, a money like no other, how it relates to being a cup, or even a bigger cup, while altcoins are the smaller cup, I don't know, and how raining means bitcoin I also don't know, but what do know is that, Bitcoin is Bitcoin, and it is a decentralized money, money you can spend or hold at will, no banks or entities tell you or dictate to you how to spend your bitcoin, it is always up to you, that is what i call financial freedom, even though some refer financial freedom to being rich or wealthy.

I appreciate your efforts but I don't even understand what you are talking about. You don't have to complicate things, if you want to recommend bitcoin to everyone you just get straight to the point. If you want people to understand its decentralized nature, compare it to fiat money, if you want to talk about its upside potential, compare it to gold and other investments.

For people to really understand everything about bitcoin, we can't explain it all in words. Instead, give them videos to give them a better overview and we'll explain the rest of the questions if they don't understand in the process of learning bitcoin. Don't make it difficult for yourself, keep things simple.

actually I don't understand what you mean, but basically you explained that btc is a tool for making money, but in my opinion it's not easy to explain what btc is in detail, but I think you can read and study what mk4 posted to learn about btc .

but what I know is that btc is a digital currency created by Satoshi Nakamoto, and many also make btc an investment asset.

If explaining this to a new person is  confusing and not easy to understand, it is better to explain it in a normal way, read an article online,or watch videos, even the one that explains Bitcoin in animation or cartoon form, as it really explains it well and anyone can understand it. Also, most people now prefer to watch videos online to learn things, so it's better to give good links to the person rather than have that kind of analogy.

This is the strangest attempt to explain Bitcoin that I have heard in my life. Believe me, you are making things more complicated with this explanation instead of simplifying them. I appreciate your effort but it will not be easy to understand even for those who know about bitcoin.

Perhaps you care about the metaphorical language so you are trying to analogy (money is water and btc is the cup that contains all assets) as you mentioned, but why all this detour and complicated example to explain bitcoin? I think bitcoin can be explained to people in a much simpler way.

This is the strangest link I have heard in a while and the strangest link between bitcoin, river and water. It is true that bitcoin can be like a cup that collects water (money) for you, but it is not the only one and it is wrong to consider it better than gold and other assets.
Altcoins can be considered as a cup with holes, as its value decreases with time, and keeping it for a long time leads to thirst, so I can find some logic in your analogy.What people care about now is turning this water into money

Someone would say to me on this forum that this is the strangest scenario he has ever heard. OP, I am really trying to understand the whole write-up, but it's a bit confusing. Bitcoin is a digital asset that other digital assets also try to compete with, but Bitcoin has always been outstanding in the crypto space, and the case with Bitcoin is that if you invest and hold it for a long time, you will make a profit. Those who sell out of panic make little or no profit. Although some people compare Bitcoin to gold because of its limited supply and high price.

From an economics perspective - I think you've made your point well clear even though some users said it was complicated. But why are you only focusing on value instead of other advantages like real use cases or something else?

Yesterday I dug up some great resources for teaching beginners about bitcoin and what a good way to teach it. I found one of the useful thread fillippone has - it's great for teaching beginners about bitcoin.

5 Resources to teach Average Joe about Bitcoin

@OP's explanation is confusing and even makes it more complicated.  I think it is better to keep on the simple explanation that is what is written on the Bitcoin whitepaper.  Using other terms and tools to explain can only complicate things and may stray away from the true meaning and purpose of Bitcoin.


Yeah, that is what I am saying, the cup and water simply means that Bitcoin is the holder of money which is really very confusing since Bitcoin as a currency can be considered as money itself.

OP, while the analogy of comparing money and cryptocurrencies to water and cups may be creative, this is not be the most appropriate or simple way to explain Bitcoin and cryptocurrencies to beginners. I think that analogies can be useful in simplifying complex concepts, but they must be clear and easily understood by the target audience. It seems to me that this one is not.

Using water and cups to explain the concept of Bitcoin could lead to unnecessary confusion. For example, why use water as an analogy for money when everyone already understands that concept? In my opinion, a better approach would be to provide a clear and concise explanation of key aspects of cryptocurrencies, such as their decentralized nature, security, and how transactions are recorded on the blockchain. Using real-world examples and simple language can help beginners better understand the underlying concepts behind cryptocurrencies.

This your English is hard to understand and the nutshell is all about having the understanding that bitcoin is the solution and what the people needs for asset and currency, no any other for of fiat currency or assets of investment can be compared to what bitcoin have come to offer the world.


Bitcoin is like a rain which the down pour will never be enough for a cup to contain, we are the cups and bitcoin the rain, the rain also drops and converges at the river, no amount  of water a cup can fetch to get the whole river drained, bitcoin is the river and a stream that  always gives the financial support we ever wanted to have.

Hmm, Cant understand the concept and the words seem to be from a different English linguistic, at least my poor English skills cant understand. As you've said the assets are the cups and Banks and currency money is the river buddy how can you store the river water in the cup, Hmm the explanation approach is not valid at all.

Also, I don't know why are you comparing the altcoins to the assets class and with Bitcoin. Empty cup vs Full cup haha weird, I have some Bitcoin amount so my cup is full of the river, and if I don't have then my cup is empty haha is it sounding weird yeah, exactly same it was for me when I was reading the OP.


Haha buddy Thanks its Quite reasonable to share now because from the OP's post it was looking like I am trying to understand some sort of deep poetry, by Mirza

I'm attempting to edit your post to make it more understandable and appealing to readers. This is what I can come up with in your post.
Now, I think it's pretty understandable now that when you did not put a comma and full stops in your words. 

OP I completely concur with what you wrote about using bitcoin as a cup to demonstrate how the crypto market operates.

What is the essence of this explanation and what is the relation between bitcoin/cryptocurrency and the cup and how does the global financial statement and money follow into Bitcoin as an asset if Bitcoin doesn't provide the responded liquidity to absorb the financial flows as you claim,  so in essence my point is that,  bitcoin os not some free money printing scheme and whatever the volume of Bitcoin,  it is a corresponding valuation of the liquidity Bitcoin provides in form of trading volume.

At some point,  newbies need to build the right knowledge about Bitcoin and its technical connection to the financial system is instead of building false knowledge based on fallacies.

It is not only you, I didn't comprehend what op is saying there. And if I can even understood it a bit, it would be that, the op is saying that bitcoin is a liquid in which everyone is using cup to come and fetch with big and small cups. Op has described bitcoin with the objects around to the way he understands it. Op if I were you, I have restructure the thread as everyone is complaining about the thread. Op what do you means? Please explain it in a layman explanation.

If you are to be a nursery school teacher, I will not make the mistake of sending my kids to your school before you confuse their brains for nothing.

If you were the one to first explain bitcoin to people, I'm certain we would definitely have less than 10% of what we have right now as bitcoiners because it will be hard for people to really know the angel which you are pointing at. As for me, even with the little knowledge I have regarding bitcoin, I still can't explain what you mean by your entire content. I was thinking English was the problem, but that is really far from the truth. All I can see is some students trying to outsmart their professor but end up using the worst analogy to explain a term they assume they know everything about it.

You really used a good example to define the Investment opportunities like BTC and Gold. But many people do not consider BTC as an investment opportunity. They think of it just as a currency and use it as currency to pay for goods and services. But mostly people use it for investment. and then you must use an example, which uses some good similies like BTC is a cup ok and how can Gold be the same cup having the same characteristics.

Gold and other investment plans must be differentiated from BTC so that the true potential of the BTC could be unleashed on newbies to understand it better. One of my community members made a post recently, about the true potential of BTC is in finding flaws in the current financial system. And I think you should start with that.

BTC is decentralized and has limited supply but both are not present in gold, so you must use BTC as Financial Revolution or hedge against inflation but gold also plays that roles so, decentralization, anonymity, and scarcity are best.

I am confused on what you are trying to explain about how you explained BITCOIN. Gold and BTC is not the samd although yoi are right that gold have price while Bitcoin also have price. If you want to explain about Bitcoin in a simple way, here's what you should do, Bitcoin is e-money or electronic money like Paypal but the difference is there's no actual Bitcoin like the fiat money and also Bitcoin is decentralized meaning no one is controlling Bitcoin and no government is behind it. Bitcoin can also be used to buy online and if you don't believe you can search for transactions where Bitcoin is used as a payment and one of it is BTC to Pizza (One of Bitcoin History).

Op, don't ever try to explain Bitcoin to anyone like that; you'll confuse both yourself and the person you're explaining it to. Bitcoin is not a "cup" that holds money; Bitcoin IS money - digital money, plain and simple.

And, if you want to delve into more details about Bitcoin, I recommend checking out what mk4 wrote and using his sources. You'll get a full explanation of the entire concept, in both a simple and detailed manner.

Jeez your post would have been more understandable if you had  used any punctuation mark.

Right now, all your text are jammed together making it almost impossible for us to make a sense out of it.

Bitcoin is cup, money is water. Instead of going through that stress, why not just do it the easy way? I've seen some alternate explanations for bitcoin to laypeople, but yours should not be included because it's even more technical than the standard explanation. If your technique can confuse those with minimal knowledge of bitcoin, consider what it will do to those with no knowledge of bitcoin at all.

At the very least, you should try to improve your post and include appropriate punctuation to make it more readable.

That's such a bad analogy lol and don't even try to explain bitcoin to people in a profit-related viewpoint — you're going to get people burned. There are so many good content, so just point them to that. Don't try to explain something you don't understand especially when money is involved.


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters

Although your parable is quite difficult to understand, maybe I understand your point a little. Bitcoin is a tool for making profit, that's the point, right?

I think talking bitcoin is not that easy. Bitcoin does offer advantages for those who are patient and dare to hold bitcoin for a long time. But what if you bought bitcoin at a high and it went down like it is now? can bitcoin still be called a cup?

Bitcoin investment has a lot of risks and you need to understand the basics of bitcoin, there are times when we need to sell bitcoin when the price drops deeper, there are times when we buy when we feel the price of bitcoin is low enough. Unless you plan to hold bitcoins for a long time, you probably won't need to check bitcoin's price movements very often, but it's not easy either. I often panic when I see bitcoin prices continue to fall and eventually sell my bitcoins

I think you are trying to become "metaphor aficionado" but believe me, you need so much practice. You need to work on your grammatical errors and use of comma is necessary to give some gap between statements. Well, other than this, i understood your point and i am agreed with it. We all have to get some CUP to store Money in it. And BTC is one of the best CUP i have came so far to know about. But you also mentioned Gold as good CUP too. But not all BTC CUP holders will agree with it.

But i will agree to some extent only. Because, BTC is far better than GOLD in many ways and i prefer BTC over GOLD. And, i have some opinions about your title. Which are if you wanted to explain someone about BTC then your metaphoric example is great but it need some upgradation and some more simplicity. Now it is on you to make a simple example. But this example does not differentiate between GOLD and BTC because you are referring both as same CUP while they are not.

You must find some more accurate example. (IMHO).

The explanation sounds complicated to me even though there are no technical terms in it. I'm not saying your analogy is bad but it could use some fine-turning here and there. For me, I just see bitcoin as Money but in a digital system without any mediator or intermediary to dictate or monitor if it could be spent or how it was spent.


Gold is not decentralized so it would be wrong to fit both BTC and gold in the same category.

Btc is cup money is liquid the water and Banks are from the word like a River bank.
So money currency is water and btc IS the cup all assets gold btc and other crypto are the cups where the money the water flowing in.

Those who got cups to collect the water when it's raining those got most of the water so to speak they got most of the money.
If u sell btc early it means you empty your cup ...btc is big cup small coins smaller cups they full faster then biggest cup the bitcoin.

Those who got cups when its raining they collect the most of the money more water more cups needed to collect water.