In a nut shell it is a safe store of value outside the reach of governments and central bankers. A decentralized encrypted public ledger of that value, exchangeable (still requires some technical expertise) with anyone, anywhere, for anything. It is a place to store your excess production (if you produce more than you consume) in a way that can not be tampered with or manipulated. It is the new language of money, the "words" we use to express value with others. It is only difficult to comprehend because for lifetimes we have been taught to express and believe in a language created by bankers for bankers to trick the masses into voluntary enslavement that has stifled creativity for generations. We need to create like we need to love and breathe, it is who and what we are. This cat will not be put back into the bag. It is the language of freedom. As the souls of men awake from their hypnotic state this will grow faster than anything we have ever experienced.
peace
~//~
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"outside the reach of governments" for now they are working to tax it as property. It will be interesting how they plan to track it.
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