Bitcoin is erroneously compared in the first paragraph with companies that transfer dollars. That is similar to saying "The Japanese Yen is like Western Union".
Please refer to Satoshi's paper. The title says what exactly? I am not mentioning Bitcoin(s), I am mentioning Bitcoin. The payment system.
And guys thank you for not grilling me over something I wrote while I was bored in calculus class -_-, so mature of you, Oh dear forum dwellers.