It hasn’t been a currency for a very long time. It’s a speculative gambling vehicle that’s also used for flight capital and money laundering. Even the dark web markets have mostly moved onto Monero which while it has some of the same problems as BTC at least is better for privacy.
That being said, I am not sure it is worse than a lot of other BS in finance. Years and years of crazy low interest have inflated quite a few bubbles and enabled a lot of financial game playing.
That being said, I am not sure it is worse than a lot of other BS in finance. Years and years of crazy low interest have inflated quite a few bubbles and enabled a lot of financial game playing.