ELI5: Explain Like I'm 5

Beenz

Okay, so do you know what money is? It's something people use to buy things they need or want. Now, a long time ago, there was something called beenz. It was like pretend money that people could use on the internet to buy things online.

So, imagine you have a pretend store on the computer where you can buy things like toys and candy. Instead of using real money, you would use your beenz to buy the toys and candy.

But the thing is, beenz didn't really work out because people ended up using real money anyway to buy things on the internet. So, beenz went away and people just used regular money like they do now. Pretty cool, huh?