Bitcoin is the currency carried on and mined from the blockchain, and this enables remuneration for the computers
that are hosting this network. These computers and miners are all around the globe, and if you really begin to
understand this technology, you may want to get involved at this network level. Maybe host a full node, or even
start mining bitcoin.
Bitcoin at the time of writing has a store of value at around $240 USD per Bitcoin. but you rarely send a whole one, you'll send say 0.00127 Btc for something.
All other cryptocurrencies apart from bitcoin, are referred to as 'AltCoins'. There seem to be new altcoins springing up daily, but most of them aren't worth being involved with. Litecoin is already established, and a few of them such as Dogecoin are gaining popularity. Dash - (formerly DarkCoin) is attracting interest.
You are used to exchanging Dollars or other paper for goods or services. Cryptocurrency exchange script is no different, it has a
value at which you can buy or sell using it.
Once you have some Bitcoin, you are very unlikely to want to change it back into the paper stuff. Many people are now paid in Bitcoin.
Read More @ http://www.badbitcoin.org/tips/index.htm
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