That’s a great analogy. I find that general audiences tend to have a better time understanding these types of real-world comparisons. It makes bitcoin feel more accessible to them.
The PIN comparison is a great bridge because it highlights that the order of the words is the key, and that secrecy is absolutely vital so no one else can access your money. The main distinction is that a bank PIN is isn’t actually secret, it’s shared with the bank, who is the gatekeeper of your funds.
That’s a great analogy. I find that general audiences tend to have a better time understanding these types of real-world comparisons. It makes bitcoin feel more accessible to them.
The PIN comparison is a great bridge because it highlights that the order of the words is the key, and that secrecy is absolutely vital so no one else can access your money. The main distinction is that a bank PIN is isn’t actually secret, it’s shared with the bank, who is the gatekeeper of your funds.
Looking forward to the Rai Stone podcast episode!