Two great videos about Bitcoin….what is Bitcoin?
In brief: Bitcoin is cryptocurrency. Without going into the details, think of it as a currency, made electronically, with some kind of a cryptic or secret formula. Its analogous to paper currency that has many in-built markings, so no one counterfeits them.
The currency exists on the Internet (because of it being digital in nature), not outside of it.
No country, or bank or regulator or person controls this currency.
What will happen?