No it most certainly is not. That you can find a few small places that will accept BTC as payment does not make it a currency. I can also find a beach bar which accepts payment in nice seashells, but that does not prove that seashells is a currency. Without large-scale universal acceptance and adoption it is not a currency.



Again wrong. Buying something and simply holding onto it seeing its paper-value increase is not an investment object. You need the ability to effectively buy and sell - and as we have seen in recent days that is now extremely difficult due to the long confirmation times.




Don't make me laugh. The members on this forum has been shouting for something to be done to fix the problem with transaction times and high fees, but nothing is being done. The community is not being involved.




Again, just look in this forum. People with small amounts of money and investments are now facing 60-80$ fees to get their 100$ "investment" out. Only the rich benefits in this system.