Comment by quinndupont

Bitcoin wants to be money, but it really isn't. It fails the traditional account (originally from Jevons); see Kubát 2015 [1]; Mandjee 2015 [2]. More obviously, it is far too volatile to function like money in a normal sense, see Golumbia 2017 [3]

[1] http://www.sciencedirect.com/science/article/pii/S2212567115... [2] https://litigation-essentials.lexisnexis.com/webcd/app?actio... [3] https://motherboard.vice.com/en_us/article/xwwv83/cryptocurr...