Ask HN: How do it explain Bitcoin to my dad?
Out of the blue, my dad called my yesterday to know more about bitcoins. I did my best but I am pretty sure I fell short of explaining it clearly. I used the standard buzz words: crypto-currency, mining, 21 M coins limit, asset vs currency, etc but fell far short of sustaining his interest after the first 2 mins of my monologue.
How should I explain like I would to a 10-year-old?