How to Explain Bitcoin to Your Parents - zerohedge.comExcerpt from this article:
"When your parents ask questions, it somehow ends up either they don’t agree with your idea or relate it to their younger years. Of course, that’s not a problem, except if you talk about new innovation that has a potential to change their perspective. Bitcoin is one of the hottest topics today, but not everyone can grasp its full potential, especially when you talk to the oldies like your parents.
So how can you explain it to them without getting a blank stare? First point: Its money, just digital..."
And
How to Explain the Obama Economy to 6th Graders - newsmax.com
Excerpt from this article:
"Let’s compare America to your household. That makes it very simple and easy to understand. Let’s say you make $50,000 per year . . . and you owe $250,000 in credit card and consumer debt. You’re in deep trouble, right? One way or another, you are headed for bankruptcy court in the future. Then you receive a credit line in the mail for $250,000. Are you rich? Of course not. That new credit line or credit card is not 'income.' It’s more debt — a loan to be paid back at high interest rates. You didn’t just gain $250,000. You just added $250,000 to your debt. You still make $50,000, but instead of owing $250,000 in debt, you now owe $500,000. You think you're 'saved.' Actually you're twice as broke as before. Insanity. That’s exactly what Obama is doing to the U.S. economy. He added $6 trillion in debt in only four years to 'save' us from a terrible economy."
