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Bitcoin is more efficient than any competing currencies. The markets its adoption in the same way computers were assumed that people made ​​more efficient market competition computers. A currency has a value of it is widespread. Bitcoin is a currency with a startup bootstrapping deflationary economy. Its use is spreading through the provision of incentives speculator.
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Bitcoin is a new kind of digital money. It is the first decentralized electronic currency not controlled any organization or government. It is an open-source project, and it is used by more than 100000 people. All over the world people are trading hundreds and thousands worth of Bitcoin every day without intermediaries, no credit card companies of dollars. It is a currency that has never seen before.

A Satoshi is the smallest fraction of a Bitcoin which can currently be delivered: 0.00000001 BTC, that is, one-hundredth of one million BTC. In the future, however, the protocol may be updated to allow for further subdivision, it should be needed.
Is bitcoin virtual?
Bitcoin is a virtual, online banking and credit cards in the networks people use in everyday life. Bitcoin can be used to pay for online and physical stores, like any other kind of money. Bitcoin can be exchanged between the physical form, such as Casascius coins, but to pay with your mobile phone is usually more convenient. Bitcoin balances are held in a large distributed network, and they can not change any fraudulently. In other words, Bitcoin users have exclusive control over their resources and Bitcoin can not disappear just because they are virtual.

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