Bitcoin is not a company, so no one can govern the Bitcoin. Bitcoin is decentralized digital money that is issued and managed without any centralized authority. It is created as a reward in a competition in which miners who own the specialized computer offer their computing power to verify and generate new Bitcoins. They are also responsible for maintaining the security of the network into the blockchain. The activity of creating a bitcoin is known as mining, and every successful miner gets a reward with newly created bitcoins and transaction fees.