but is bitcoin really a monetary system if it's not being used as a currency, but as a commodity? The increase in dollar value of a bitcoin does not bear any

but is bitcoin really a monetary system if it's not being used as a currency, but as a commodity? The increase in dollar value of a bitcoin does not bear any resemblance with an increase in use of bitcoin as a currency. If anything, there seem to be less hype about using BTC to pay for things these days than a few years back.