Bitcoin is peer-to-peer electronic cash.
(Hand this person a card from https://tipcards.io ).
Explain how thousands of computers enforce the rules. The most important one is:
₿ < 21,000,000
Doge is a joke. The supply rules were changed. It is unlimited
Ethereum is a private CBDC.
Stablecoins can be useful, but have counterparty risk and are unlimited.
Every other CrYpTo is an unregistered security used for pump and dumps or running a Ponzi scheme.
