Explain what IS bitcoin?

There are only 21 million of them, so it's relatively rare.

Internet meme money

0's and 1's.

Cash 3.0

its what would happen if the fed was required to post all transactions and record for every bill in circulation and have a transaction history of each piece of paper that moves around. And they were not allowed to make any new bills but instead we made the bills and signed them and handed them over to be put into circulation.

All while being trustless and so far un-hackable.

BUT MUH PONZI SCHEME!!!! Fucking brainlets.

A failure
No one uses it as a currency

Tokenized spent energy.

Read this and click on other links and read them and read the whitepaper
If you still can understand, ur a brainlet and shouldn't buy any

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en.wikipedia.org/wiki/Bitcoin

Cant tell if this is a larp or not. But to answer. Who the hell knows.

Its an electronic transaction ledger whose history cant be altered.

Imagine if leaving your car idleing could solve sudoku puzzles and you could use that to buy heroin

First non debasable currency in history

computers

bitcoin is like dollar but it travels by the wires, if you look deep enough with the microscope, you can see bunch of 1 and 0, bitcoin have alot of numbers, and theres only 21 million of them so inflation is not gonna hurt bitcoin like never

austrian economics cooked into a global distributed consensus ledger secured by a difficulty adjusting SHA-256 algorithm

This is the most intelligent answer here.