If you can't explain it simply, you don't understand it well enough.Albert Einstein
Above says all. People do not understand bitcoin well enough. It takes 5 Princeton University professors with twelve 60 minutes courses to explain bitcoin, and that is mostly technical issues. If you add economic ideas to that, I believe one will need another 5 Harvard MBA professors and maybe whole lot more of economists since economists hardly agree with one another.
We, LondonCoin will explain the concept in five minutes for the general public with a two year college degree coming in Octorber 15th, 2017.
Now you will be freed from crypto formulas and blockchain technical whitepapters to understand the beauty of secure p2p platform.
Keep lookout for LondonCoin soon.