Yes it is.  It could be both.  It will become a currency on which we could pay in supermarkets and other products and even on restaurant.  As of the moment, here in our country we could buy prepaid loads through bitcoin.  We can pay bills, tuition fees, and loans with the use of bitcoins.  We could also even send money through bitcoins by cash remittance partner of our bitcoin wallet.  And it is still most used in the internet on online stores.