uncleflo
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How to Explain Bitcoin to a 7-Year-Old — Bitcoins & Digital Currency — Medium
Saved by uncleflo on May 16th, 2013.
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production. There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.
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