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No they're not. Money is supposed to be scarce and has been for the vast majority of the history of civilization. But let's agree to disagree there. Even then,
by fleddr 5y ago
No they're not. Money is supposed to be scarce and has been for the vast majority of the history of civilization.
But let's agree to disagree there. Even then, money has multiple roles: unit of account, store of value.
Currently, Bitcoin plays the role of storing value. Like a savings account, or "digital gold". Not for payments. It might play a payment role in the future on layer 2, or it might not. Too soon to tell.