How do I explain Bitcoin to the wife?

4 pointslupatus2 comments

I attempted to explain Bitcoin's awesomenesss with an analogy of "Paypal payments without Paypal". And, she responded with, "So what?"

Does anyone have a better answer to "why Bitcoin?"

Simple, on-line payments - like PayPal - but without a central agency that charges fees and can freeze your funds with no recourse.

It's like cash, but over the internet.

There are problems. Not everyone accepts it, and there might come a day when no one accepts it.

Deflationary currency disconnected from the USD.

N.b. you asked for an answer, not a good one. ;)