Why is bitcoin considered a currency, not money?
 

Bitcoin is mined in its homeland, but is called its currency?

Bitcoin is money, currency. Who said it was not money? Any currency is money, because it can be paid. and bitcoin can also be paid, now even there are crypto friendly banks https://cryptalker.com/bitcoin-friendly-us/

I think that cryptocurrency is on par with fiat currency. You can use both of them to buy the same things. Very often you are able to purchase some things easier with cryptocurrency than with regular currency. So it can be well considered as money. In my opinion, cryptocurrency edges out fiat currency here.

Sure, it is wise to invest in BTC right now than it was months ago. But you have to remember one simple rule. “Buy Low Sell High” , If you want to make profit then buy and forget. Reason people fails to get the most out of their BTC investment that they are scared and if price drops they sell all of their BitCoin.

I prefer the best cryptocurrency trading platform Monfex https://www.monfex.com/ I am pretty satisfied with conditions and great technical support. Simply give them a call and be sure you are dealing with professionals. Hope it can help

Although bitcoin meets the criteria as a medium of exchange, it fails as a store of value and a unit of account. Unlike fiat currencies such as the U.S. dollar, bitcoin has proven to be too volatile to make it a reliable vehicle in which to store value over long periods of time