Please Explain Bitcoin to My Mother! [A non-technical explanation of bitcoin anyone can understand]
Channel: aantonop
Date: 2018-07-19

Could you explain what Bitcoin is in a non-technical way that my mother / father / grandparents could understand? Explaining bitcoin and other cryptocurrencies can be tricky. In 2018 one of Andreas' patrons, OutlierCanada, asked him to record a video to explain bitcoin to their mom. This video is the result. The video quality isn't great but the ideas are. Watch it and learn how to explain bitcoin more clearly to your loved ones!

Note: No offense intended to the all the Bitcoin mums around the world who need no explanation for how this technology works or why it matters!

Chapters
0:00 Could you explain bitcoin to my mum?
0:40 What is bitcoin and what are cryptocurrencies?
1:03 Advantages of having digital currency
3:07 Your first experience in these digital currencies is not going to be as simple as you imagined
4:01 Digital currencies are still in the early stage
5:06 Changing the world with digital currency 

"What is this bitcorn -- no wait bitcoin thing that you're so interested in?" We've heard that from friends, family, colleagues, and sometimes even strangers (if we're wearing bitcoin related clothing or hats). So often, when we try to explain why bitcoin is important, they seem to just not get it. Their eyes kind of glaze over and they're sorry they asked. In this video, Andreas attempts to explain, in easy to understand terms, why things like bitcoin and other cryptocurrencies might change the world, why they matter, and what - exactly - they are. 

This question is from the  April Patreon Q&A session, which took place on May 5th 2018. If you want to ask questions early (before the live event), become a Community Builder on Patreon: https://www.patreon.com/aantonop Patrons get early access to ask questions, view talks, behind-the-scenes content, and much more.

OTHER VIDEOS YOU MIGHT BE INTERESTED IN
Introduction to Bitcoin - https://youtu.be/l1si5ZWLgy0
Bitcoin for Beginners - https://youtu.be/UlKZ83REIkA

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About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com

From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.

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Thanks for watching!