BTC simplified breakdown:
What: Bitcoin is a type of digital currency.
How: It works through a technology called blockchain.
Blockchain: A decentralized ledger that records all transactions.
Transactions: Verified by network participants called miners.
Miners: Solve complex mathematical problems to confirm transactions.
Security: Each transaction is secure and irreversible.
Ownership: Users have digital wallets to store and transfer bitcoins.
Limited Supply: There will only ever be 21 million bitcoins.
Value: Like any currency, its value fluctuates based on demand.
Accessibility: Can be bought, sold, and used globally, online or offline.