Before we dive deep, let's get to know what exactly a bitcoin is. Many of us are unaware what it is, how it works and are scared to experiment it with their business (I was one of them). Bitcoin is a Cryptocurrency (Digital currency where encryption is used) which you won’t be able to touch and feel like coins or notes (for obvious reasons) and it just gets transferred from one Bitcoin wallet to other, the most important part why this is one of a kind is because there are no Banks involved in the transaction.