Please don’t flame away but I haven’t a clue as to what Bitcoin is. Can someone in a few sentences explain what it factually is, without an opinion of whether it is good or bad?? THANKS!
Have hope that I shall not... ;-)
Watch this little 2 min video as it explains much: http://www.youtube.com/watch?v=Um63OQz3bjo
If you have questions about specific aspects, feel free to post them.