Actually it's totally different,
even though its name was Cryptocurrency,we can not compare it to actual money aka Fiat.
if we want it to be considered as a 'real currency' we should have a physical form.
right now the best word to describe it is 'Electronic Payment' not 'Electronic Money'.
'Electronic payment' was a tool for people to help them send their money across the world,
it's just a tool and will never replace the real 'money' itself.
Point taken. It is true that cryptocurrency cannot be compared to actual money as they have a different stature in the society. Although they almost have the same purpose, they still are different from one another in many aspects. As stated by DaMut, the physicality of a currency is important in establishing its state. We should also take note of the accessibility towards these "money". I think for Bitcoin to be considered real currency, it should be accessible by everyone. Since Bitcoin can only be accessed through the use of the internet, then it is more of a privilege or opportunity to own compared to how fiat is earned.