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The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, since the system works without a central repository or single administrator. Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2. 8 million unique users using a cryptocurrency wallet, most of them using bitcoin.