Bitcoin Isn’t A Currency – And Unless It Becomes One It Could Be Worthless

Bitcoin is in decline. Not its price, which has increased 900% this yearand (at the time of writing) stands at over US$12,000 per unit, but its actual use as a currency. And this makes its rapid appreciation all the more puzzling. A few years ago, enthusiasts triumphantly shared announcements from businesses that had started accepting Bitcoin.…