What does Bit coin Means?

you probably got as much info fromt he article as you will get here. Bit coin is just an electronic currency. it functions more or less like any currency, operates under an accepted valuation by the persons using the currency. If I knew who the founder/creator was, it would mean that pretty well everyone would know, and it would be stated in the article.

bit=a unit of electronic information (binary value). coin=currency. bitcoin is just a name chosen to indicate that the money is all in electronic form, despite the photo of a "bit coin" that you may have seen with the article. Those coins are not official, just someone playing around to provide a tangible thing to represent the bitcoin concept. It isn't really relevant, just makes it conceptually more accessible to some people who function better with the tangible. I don,t think they can be spent, since they do not have any true bitcoin value (there isn't an account with that amount of bitcoin value that exists in the system, and the system is the only place bitcoins have value).

A Bitcoin is a Digital Currency in Ways Online for buying and getting Services. The Different between Normal Currency and Bitcoin Currency are such; Normal Currency is Touchable and controlled by Authority and Government whereas Bitcoin Currency is Untouchable. It has not under controlled by Authority and Government.