Bitcoin, chances are you’ll have come across the word one way or another through various medium. Either through news outlet where commentary reports about Bitcoin were mentioned, or within your social network where friends and family mentioned and/or discussed about it. While everyone has a take on what Bitcoin is, but its still somewhat challenging to explain Bitcoin in layman’s term for the average Joe. I experienced the same too, whenever I’m asked by family and friends, what is Bitcoin, what does it do? How does Bitcoin has any value? Those are all legitimate questions, and through this article I look to answering all those questions.