Is bitcoin money? In fact, bitcoin has four basic functions of money, so theoretically it can also be money. However, bitcoin has some characteristics of its own. Therefore, bitcoin has a long way to go if it wants to truly replace currency and the current legal currency. In fact, the most critical problem is the policy orientation of governments. They are afraid that they can't control the circulation of bitcoin. If they lose control, it is almost impossible to become a legal currency. It is likely to become a value collection independent of the monetary system of various countries.

(2021-3.28)