What is Bitcoin?
In non-technical language, Bitcoin is a digital currency in which transactions can be performed without the need for a credit card or central bank. It's designed to enable users to send money over the Internet in a very simple and efficient way.
What is Bitcoin Address?
A Bitcoin address is a unique identifier which allows you to receive Bitcoins. With PayPal you send funds to an email address, and similarly with Bitcoin you send funds to a Bitcoin address. For example, this is one of our Bitcoin addresses: 17YnaKEJ3uk8NWzgBTkjuRxscCMqc8nddg
Please verify that you have copied the destination address exactly before sending Bitcoins to it. ("Bitcoin transactions are not reversible!")
Who runs Bitcoin? What is the company behind Bitcoin?
In short, no one runs Bitcoin. Bitcoin is run collectively by the users who uses the Bitcoin Client, and any changes to the Bitcoin system have to be approved by the majority of users before they are implemented.
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