So condescending. That's because Bitcoin is not widely used as money yet. Those things don't all happen at the same time, they happen sequentially. - collectab

So condescending. That's because Bitcoin is not widely used as money yet. Those things don't all happen at the same time, they happen sequentially. - collectable -> It's cool, I want some. - store of value -> it holds value better than any other money. (Bitcoin is here) - medium of exchange -> People request it in exchange for goods and services because it holds its value over time. - unit of account -> People denominate prices in it because it's a widely used medium of exchange. Edit: My initial point was Bitcoin has properties that make it suitable for use as money: divisible, portable, easy to verify, doesn't degrade over time, etc.