[qwebfdzsh]

> monetary system

Bitcoin is not even close to being that nor it ever could. It's entirely a speculative assets not an actual currency (I couldn't think of a token/system less suitable to be used as actual money even if I tried very hard).

[sph]

Ugh. I initially wrote currency, but knew I'd get a pedant to disagree with that definition, which I did get anyway. You're arguing its legislative and societal role, I'm calling it for what it is: a thing whose primary role is to store and exchange abstract, agreed upon value.

Just tell me what to call that.

[qwebfdzsh]

> a thing whose primary role is to store and exchange abstract, agreed upon value.

To be fair that's a hard one. Token? Speculative asset? I mean it's closer in most ways to stuff like gold coins or diamonds than real money.

> role is to store and exchange abstract, agreed upon value

Yet most people only buy it and/or hold it entirely for speculation/"investment" reasons.

[kiitos]

Bitcoin is almost never used as a currency in the sense that you're describing. It is almost always used as a vehicle for (unregulated) speculation.

[Hamuko]

>Just tell me what to call that.

Just roll with Satoshi and call it "electronic cash".

[RandomLensman]

Maybe it could be called a non-productive asset in the broader sense?