You can buy bitcoins directly from a person from your city using local bitcoins
Bitcoin white paper was released in October 2008 by a single person or a group of people, known as Satoshi Nakamoto.
Bitcoin is a decentralized digital currency. It is not in control of any central bank or any government. Bitcoin does not need the help of an intermediary like a bank, to move online from one person to another.
Bitcoin as currency
Like any other currency, bitcoin performs all the functions of money. It is
- Medium of Exchange
- Unit of Account
- Store of Value
Bitcoin can be used between two people as a medium of exchange like digital cash. There is no need for an intermediary to be present to generate trust between them to complete the transaction.
And bitcoin is a scarce currency therefore it plays perfectly as a store of value. As with time, demand for bitcoin will increase it is expected to increase the value of the bitcoin.