The other main reason it is not a currency is that it only processes 5 transactions per second and they cost a ridiculous amount of money ($60 at the peak in 20

The other main reason it is not a currency is that it only processes 5 transactions per second and they cost a ridiculous amount of money ($60 at the peak in 2017). Which makes it only usable for large transfers of speculative value, not like, buying your daily coffee. It's not a currency.