John on February 14th, 2018

I certainly agree that this is the best explanation of BITCOIN








Not long ago in a merchant found that a lot of monkeys lived near a certain village.

One day he came to the village saying he wanted to buy these monkeys!

He announced that he will buy the monkeys at $100 each. 

The villagers thought that this man must be crazy- how can somebody buy stray monkeys at $100 each?

Still, some people caught some monkeys and gave it to this merchant and he gave $100 for each monkey. 

This news spread like wildfire and people caught monkeys and sold them to the merchant.

After a few days, the merchant announced that he will buy monkeys at $200 each. 

The lazy villagers also ran around to catch the remaining monkeys!

They sold the remaining monkeys at $200 each.

Then the merchant then announced that he will buy monkeys @ $500 each!

The villagers start to lose sleep! … They caught six or seven monkeys, which was all that was left and got $500 each.

The villagers were waiting anxiously for the next announcement.

Then the merchant announced that he is going on holiday for a week but when he returns, he will buy monkeys at $1000 each!

He said that his employee would to take care of the monkeys he bought pending his return. 

The merchant went on holiday!

The villagers were frantic and very sad as there were no more monkeys left for them to sell it at $1000 each.

Then the merchant’s employee contacted them and told them that he would secretly sell them some monkeys at $700 each. 

This news spread like fire. Since the merchant buys monkey at $1000 each, they would achieve a $300 profit for each monkey.

The next day, villagers queued up near the monkey cage.

The employee sold all the monkeys at $700 each. The rich bought monkeys in large lots. The poor borrowed money from money lenders and bought monkeys!

The villagers took care of their monkeys & waited for the merchant to return. 

But nobody came! … Then they ran to the employee…

But he too could not be found!

The villagers then realised that they have bought the useless stray monkeys at $700 each and were now unable to sell them!


This monkey business is now known as Bitcoin! 

It will make a lot of people bankrupt and a very few people filthy rich in this monkey business.

This really is the best explanation of BITCOIN

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