Linux was created by Linus Torvalds in 1991 and is an open-source operating system freely available in source and binary forms. It has features like virtual memory, networking, multiple users, protected memory, and a graphical user interface. Reasons to use Linux include that it is free, runs on various hardware, is stable even if programs crash, and has available source code. Basic Linux commands are used to view system information, manage files and directories, and more.