If you look at the structure of Bitcoin, it becomes pretty clear that it’s just not cut out to be a currency. “But Nick,” I hear you say, “it’s a currency, and it says that right there in its name: cryptocurrency.”
Here’s the thing, though: the features of Bitcoin that make it bad for use as a general currency are exactly the things that have led investors to skyrocketing returns since it was introduced. And every indication suggests that this growth is going to continue.
So it’s a good thing that Bitcoin isn’t money, and understanding this is key to how you actually make profits in crypto in general and Bitcoin in particular.
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