Got this interesting question: Is bitcoin money? The answer: Yes and no Yes - because Bitcoin has a lot of value, people trust it, and like gold in the old days, it's not controlled by governments and institutions. So if you have it - it is truly yours. No - because it’s very hard to unleash all that value. When people call Bitcoin digital gold - it refers to its ability to serve as money. On the other hand, it’s still a little bit clunky. We don’t use gold today as money, and similarly we don’t have mainstream usage of Bitcoin today to do our everyday economic activities. My prediction: We will get to the point where we will use bitcoin as money. The END
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