1. Creating Bitcoins: Bitcoins are made by people using computers to solve very hard math puzzles. This is like a treasure hunt where your computer looks for hidden gold. When it finds some, new bitcoins are created. This process is called **mining**⛏️
2. Storing Bitcoins: You keep your bitcoins in a digital wallet, which is like a secure virtual piggy bank.🏦Only you can open this piggy bank because you have a special key, which is a long unique string of numbers and letters.
3. Sending Bitcoins: If you want to give someone bitcoin, you use your special key to send it from your wallet to theirs. It's like sending a digital coin through the internet.
4. The Blockchain: Every time someone sends bitcoins, it's written down in a big book that everyone can see but no one can change. This book is called the blockchain. It keeps track of who has which coins and makes sure no one cheats by saying they sent coins they don't have.
5. Why It's Special: Unlike money you get from the bank, bitcoins aren't controlled by any government or bank. It's like a game where the rules are set by everyone who plays, and everyone has to agree on the rules. So, bitcoins are like digital treasures that you can send to anyone, anywhere, without needing permission from a bank, and everyone knows exactly who owns what because of this big, unchangeable book. Cool, right?
2. Storing Bitcoins: You keep your bitcoins in a digital wallet, which is like a secure virtual piggy bank.🏦Only you can open this piggy bank because you have a special key, which is a long unique string of numbers and letters.
3. Sending Bitcoins: If you want to give someone bitcoin, you use your special key to send it from your wallet to theirs. It's like sending a digital coin through the internet.
4. The Blockchain: Every time someone sends bitcoins, it's written down in a big book that everyone can see but no one can change. This book is called the blockchain. It keeps track of who has which coins and makes sure no one cheats by saying they sent coins they don't have.
5. Why It's Special: Unlike money you get from the bank, bitcoins aren't controlled by any government or bank. It's like a game where the rules are set by everyone who plays, and everyone has to agree on the rules. So, bitcoins are like digital treasures that you can send to anyone, anywhere, without needing permission from a bank, and everyone knows exactly who owns what because of this big, unchangeable book. Cool, right?
