ASCII, Unicode, Charset. English, please?

It is easy to forget that a computer cannot store videos, photos or even numbers as it is. The only thing it understands is bits. A bit is either a 0 or 1, yes or no, or true or false. Basically, all it understands is a blip of electricity or no electricity. But, we humans don’t understand a blipping of electricity! Encoding scheme to the rescue. It acts as a translator between humans and computer.

01100010 01101001 01110100 01110011
b        i        t        s