Bitcoin is a form of digital currency, created and held electronically which is controlled by none. Yeah! digital currency which means it cannot be touched and printed, like dollars, pounds or yen. As per Wikipedia "Bitcoin was introduced on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009".
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It was created and proposed by a software developer called 'Satoshi Nakamoto' as an electronic payment system based on mathematical proof. Transactions in Bitcoin can be done without any link with banks and financial institution which advantages with no transaction charges. The bitcoin network is not controlled by one central authority or location. You too do not need to provide your personal detail for Bitcoin transaction because users can have multiple bitcoin addresses which aren’t linked to names, addresses, or other personally identifying information. But don't feel unsecured bitcoin stores each and every single transaction that ever happened in the network in a huge version of a general ledger, called the block-chain. Remember once you transferred bitcoins to other you cannot get back until the receiver sends you back.
You can send and receive Bitcoins from anywhere to anywhere but under the bitcoin network. Bitcoin owners and receivers can send bitcoins to each other using mobile apps or computers. It’s similar to sending cash from PayPal, Payoneer or Payza digitally.
The link above shows up 40+ sites from where you can can buy, sell and earn bitcoins. To earn Bitcoins you need to do the tasks and spend time agreed with those particular websites and earn bitcoins.
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The Winklevosses would make Bitcoin investing easier by allowing smaller-scale investors to profit, or lose, as the case may be, without the hassle of actually buying and storing the electronic coins. Despite claims of security, Bitcoin storage has proved problematic. In 2011, an attack on the Mt. Gox exchange forced it to temporarily shut down and caused the price of bitcoins to briefly fall to nearly zero. Since Bitcoin transactions are all anonymous, there is little chance of tracking down the culprits if you suddenly find your electronic wallet empty. If the Winklevosses get regulatory approval, their ETF would help shield investors from the threat of individual theft. The ETF, however, would do nothing to address the problem of volatility caused by large-scale thefts elsewhere in the Bitcoin market.. Check the site here
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