Bitcoin does not operate like typical currencies: it has no central bank and it solely relies on an internet-based peer-to-peer network. The money supply is automated, limited, divided and scheduled, and given to servers or "bitcoin miners" that verify bitcoin transactions.
Wallets:
To start using bitcoins you need a wallet, which will generate your first Bitcoin address (you can create more whenever you need one) so you can recieve coins for FREE.- BlockChain - The best, most reliable, full of functions web wallet. WE RECOMMEND!
- Bitcoin-Qt - is an app you can download for Windows, Mac and Linux.