The bitcoin acts as a best digital currency and it can be used for buying as well as for selling out the items from the people and the companies who accept the bitcoins. But it would be dependent based on the several key ways when compared to the traditional currencies. As like other currencies it does not have the central bank because it is linked or regulated from any state. Here the supply of the crypto currency has been decentralized.
The bitcoin acts as a like an online version of cash. Each bitcoins could be basically stored as a computer file that is stored in the digital wallet. Through using that people could send out the bitcoins to your digital wallets.
How could one gain the bitcoins?
You can easily buy your bitcoins through using your real money. If you like to gain bitcoins then you can sell those things or you can create using your computer. When you are going to start up your bitcoin mining there is a need for you to know about its process and it is secured through adding out the new transactions to the chain. That would keep them in queue here the blocks get chopped off as from the each transaction is to be finalized, codes are decoded and the bitcoins get passed or exchanged.
The miners could also able to generate out the new bitcoins through special software for solving out the cryptographic problems and it would provide a smart way for you to issue the currency and it adds an incentive for people to mine.