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For long, I have been struggling to find out the basic concept behind Bitcoins. I did understand that it was digital currency, but how it fitted the description of ‘money’ interested me. So I started my chase for articles on Bitcoins, watched a couple of shows and decided to write down something which was far away from technical terms.This article is meant for people who have avoided the topic of Bitcoin for long ‘simply’ because they got too tied up in the complex jargons. Well, since Bitcoin and Ven will be something that could be a threat to traditional money markets, we might as well start understanding and using the terms more often.