Bitcoin (abbr. BTC) is the oldest cryptocurrency in the world. It was created in 2008 by a person or a group of people, hiding under the codename Satoshi Nakamoto. The coin differs from other currencies you know so far, such as Polish Zloty or American Dollar - it does not exist in a physical form.Bitcoin, as all the other cryptocurrencies, is placed on a so called blockchain. In other words, it is located in a decentralized, scattered net. It means that it cannot be managed by a single unit or institution. The control over this virtual coin is spread owned all the users of the net.
infographic by: tokeneo.com