Bitcoin is money in digital format. That is, a form of money that uses peer-to-peer or peer-to-peer technology that operates without a central authority or banks. The management of transactions and the issuance of bitcoins is carried out collectively by the network so it is open source, public design and no one owns or controls bitcoin so everyone can participate.
In this video, Wences Casares , CEO and founder of Xapo, a startup wallet and fund de bitcoins presents us with the benefits of this format, for this, it considers it necessary to understand what is money and what is its history. Casares argues in favor of bitcoin as a store of value and as a form of payment, thus surpassing other existing formats. Perhaps you forget to explain the recent speculative movements associated with the new currency. We leave you with him.
NB. An interesting introductory video could also be this one: Approach to bitcoin