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Bitcoin is a digital currency that is written in computer code and runs on a global peer-to-peer (P2P) network without the need for a central authority. Many people believe that Bitcoin will be the future of money. This might be true if we consider how much gold is priced and how much it is being used in the world today. For example, Bitcoin can be used for an investment as well as for daily purchases because of its decentralized feature. The price of Bitcoin has gone down due to various factors such as bad press, other digital currency being introduced, regulatory concerns from different governments, competition from other cryptocurrencies and scalability issues with the bitcoin network itself. It could be because of the many regulatory obstacles that Bitcoin is faced with around the world. In fact, there are many countries that have banned cryptocurrencies altogether, and some have introduced strict regulations around their use.

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