Is this the gist of it?

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Hi all,

I am trying to explain to someone who know nothing about computers how a computer actually works, the issue is it has been a long time since I have studied this so would like you to check that my facts are correct..

I believe that data is stored on the computer or comes from an external device including the Internet/network is broken down into bits, bits stands for binary digits and can only have 2 states 0 or 1' these 0 and 1s are processed inside the cpu by using the transistors and electricity, so for instance if a transistor is on then that is read as a 1 and if it is off then that is read as a 0, 8 bits is a byte and data is stored in mega and gigabytes on these storage devices.

Is that the gist of it?
 
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