What is Bitcoin

What is the bit?

 Bitcoin is a digital currency, Which was introduced by an unknown person in the name of 'Satoshi NakaMotto' in 2009. 

Bitcoin is not controlled by a person or bank. Transactions can be made without third person involvement.

Bitcoins can be saved in "Digital Wallet", which is available on internet or user's computer. Wallet is a sort of Virtual Bank, which can be used for buying or selling products.