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Explaining Bitcoin to my grandma
Trying to explain Web3 technology to the family is a high-risk sport. Last Sunday, I had this conversation with my grandma:
— Grandma, I bought Bitcoin (BTC). It’s a decentralized digital currency on the blockchain.
— And where do you keep those coins, son? In a piggy bank? 🏦
— No, in a digital wallet. But you can’t touch them; they only exist on the internet.
— Ah... and if the power goes out, you’re left without money? 🔌
— No, because thousands of computers are recording everything anonymously in a public ledger.
— ...
She looked at me with pity, opened her purse, handed me a 20-dollar bill in cash, and said: "Take this in case they scam you with your invisible coins." 💵👵
Moral: A grandma’s love always comes with a stronger backing than any cryptocurrency.
#CryptoLife #Bitcoin #FamilyTime #Web3
$BTC $AKE
Trying to explain Web3 technology to the family is a high-risk sport. Last Sunday, I had this conversation with my grandma:
— Grandma, I bought Bitcoin (BTC). It’s a decentralized digital currency on the blockchain.
— And where do you keep those coins, son? In a piggy bank? 🏦
— No, in a digital wallet. But you can’t touch them; they only exist on the internet.
— Ah... and if the power goes out, you’re left without money? 🔌
— No, because thousands of computers are recording everything anonymously in a public ledger.
— ...
She looked at me with pity, opened her purse, handed me a 20-dollar bill in cash, and said: "Take this in case they scam you with your invisible coins." 💵👵
Moral: A grandma’s love always comes with a stronger backing than any cryptocurrency.
#CryptoLife #Bitcoin #FamilyTime #Web3
$BTC $AKE
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