How would you explain bitcoin to a 5 year old?
Best response get some zappers!
#plebchain
Discussion
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.
Kids just love me!
There are 21 million candy bars that can be divided into smaller parts, but there won’t be more. The candy bars can be exchanged by all kids themselves. Some will accidentally eat some parts or bars making the other bars more scarce 🍭
My son handed me a fiat coin and asked me if there was bitcoin inside.
“No, but you can redeem that for bitcoin.”
Thank god the kids will get to enjoy a life with sound money.
It’s what keeps us going!
#[1]
"It's energy and power that paper money doesn't have. And, it's just between us, your brother can't take any of it. 😂💚"
Bitcoin is like money that is up when it is up. You dont have to be scared to lose it, others will help protect you. You can use it to give it to your friend, and nobody can stop you but yourself.
When more friends want bitcoin, you need to divide your bitcoin in small pieces. Everyone gets smaller pieces and not more, so you will have more bitcoin over time compared to new friends, because they find it harder to get the same amount. This is why your little stack of bitcoins will be more worth then your friends.