We seem to be too much focused on the hype or news around the bitcoins. Without ever trying to understand the concept behind the bitcoin. To become comfortable with bitcoin, I think it is important for us to understand it at somewhat deeper level.
In blockchain verification is done automatically. There is no need of any third party (like banks or governmental bodies) to verify the transaction.
Blockchain technology is one of the most disruptive technologies, we have ever seen.
The fact that blockchain technology is decentralised is revolutionary. That is no governmental or any other regulatory body can control it.