The ABCs of Bitcoin Basics
Bitcoin is a new kind of money. My purpose here is to explain it in very simple terms. If you are already an experienced Bitcoin user, or if you know a great deal about business and finance, this essay may seem very facile, and you may prefer to read the more detailed “What is Bitcoin?“. The objective is not to bore you, but to address complex topics so that new users, including young children, can understand. You might think of this article as a variation on the theme of “Bitcoin for dummies,” or “Cliff Notes for new Bitcoin users.” This article is only the first in a series, which will be linked together once all have been published.
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