What is Bitcoin? (And Why It’s So Hard to Explain)

2 months ago
8

What is Bitcoin, really?

It’s a simple question — but if you ask 100 people, you’ll get 100 different answers.
Some say it’s “magic internet money.” Some say it’s “digital gold.” Others get lost in technical jargon about cryptography and mining.

In this video, I’ll break it down as simply as possible.

👉 Why Bitcoin confuses people
👉 How money evolved (and why Bitcoin fits into that story)
👉 What makes Bitcoin different from fiat money, credit, and other digital assets
👉 Why Bitcoin is more than just a “coin” — it’s a monetary protocol and network
👉 The simple answer to “What is Bitcoin?” that you can easily explain to others

Chapters:
00:00 — "What is Bitcoin" is hardest (and simplest) question
00:40 — Why money confuses people
02:10 — The history of money: from barter to Bitcoin
03:35 — What makes Bitcoin unique
05:15 — Bitcoin as a monetary protocol
06:20 — The importance of scarcity + trustlessness
07:30 — So… what is Bitcoin? (The simple answer)

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