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Ask HN: How would you explain the blockchain (and BTC) to your grandparents?

I know how the blockchain works, in some detail (the consensus algorithm, ECDSA, transaction blocks, mining, double-spending problem, etc.) How do I explain all of this in 5 to 10 minutes to someone who does not follow tech (for example, my grandparents), as simply as possible?
5 points sidkhanooja 8 years ago 10 comments

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