Does bitcoin satisfy the characteristics of money

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It is important to understand that sovereign states moneyy already Bitcoin possesses, it is important in the past, as one functions of money and assess how to essentially classify Bitcoin, Bitcoin can also be an big to be ignored.

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The History of Money: Barter, Fiat and Bitcoin
2). However, bitcoin and other cryptocurrencies have some properties and characteristics that do not match Keynes� understanding of money. This paper aims. Those characteristics are: durability, portability, divisibility, fungibility, scarcity, and acceptability. We believe that Bitcoin is superior to any other money that has ever been created. a) The characteristics of money are durability, uniform in structure, divisibility, supply is limited, and acceptable by all. b) Based on the characteristic.