It doesn't matter what it was marketed as. It matters what it is. But they made it deflationary and a good currency needs to be inflationary otherwise you just

It doesn't matter what it was marketed as. It matters what it is. But they made it deflationary and a good currency needs to be inflationary otherwise you just hold onto it instead of spending it. Which had made it more like a digital gold. It has totally failed as a system for payments for this and other reasons. It is also too slow and too expensive per transaction.