On the way, the currency has been controversial. The bose of JPMORGAN Chase, Jamei Dimon has called it a fraud.
It is easy to muddle two separate issues. Blockchain issues.
Bitcoin can be used to buy and sell things. There are three main functions. Means of exchange, Store of value, and unit of account.
A currency is also a unit of account for debt. Paul Mortimer- lee of BNP Paribas, a French bank, tartly remarks, " imagine if you had financed your house with a bitcoin mortgage."