Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.
Link - Bitcoin Era Deposit
Bitcoin is a digital currency, which allows people to buy and sell products without the involvement of any third party. It's an online currency that doesn't require a bank or a credit card company to process transactions. Bitcoin is not controlled by any government or central bank, it's an open-source software and anyone can download it from the internet.
The most important thing about bitcoin is that it's not just a currency, but also a technology. Bitcoin has revolutionized the way we think about money and its role in society.
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