Dropping from 0.00173 in February 2016 to just 0.00067 today,

I would rather have Satoshis than Loonies when our Dollar could soon be worth less than 0.0005BTC !

"A Strange Bank of Canada Report" Titled 'Canadian Bank Notes and Dominion Notes: Lessons for Digital Currencies'

Bank of Canada Report States Bitcoin Needs Regulation And Inflation

It is true bitcoin is not a uniform currency in the traditional sense. While BTC can be used and traded globally without issues, it is not uniform in the sense everyone in the world will ever use it. A lot of people will never get their hands on bitcoin during their lifetime. Banks may never condone the use of bitcoin either, yet cryptocurrency is in the process of being legalized in various countries.

It is exactly this process the Bank of Canada feels is absolutely necessary for bitcoin to survive. Without regulation, bitcoin has less of a chance to survive, according to the report. Then again, one cannot regulate bitcoin itself, but only companies who act as a custodian for funds related to bitcoin activity. Cryptocurrency is not designed to behave like traditional currencies by any means and can be regulated as such either.

Another great Steemit post about this

https://steemit.com/bravenewcoin/@bravenewcoin/bank-of-canada-draws-digital-currencies-lessons-from-history