At the end of the last year, the G7 released a report, reading that Bitcoin and other cryptocurrencies have so far failed to provide a reliable and attractive means of payment or store of value.
The authors of the report believe that cryptocurrencies are excessively volatile and difficult to use, suffer from scalability problems, and face regulatory risks.
An American billionaire Ray Dalio, founder of investment firm Bridgewater Associates, said that the first cryptocurrency is a speculative asset and isnt effective for payments or store of value.
We try to find out if Bitcoin is able to be money and what is it, exactly: the internets native money, a hedging instrument, or an asset for speculation?
https://forklog.media/what-is-bitcoin-internets-native-money-hedging-instrument-or-asset-for-speculation/