What a crap.

With the long history of money, money didn't start to be printed back then. Bitcoin is an asset that people hold and valuable to them. Crap with the monetary system, they are just afraid and threatened at the same time because they are losing investors from their banks.

Faith and reputation it is. And such events as Bretton Woods 1944 meeting.

Who cares, we don't need the central banks to consider whether or not Bitcoin is money. As long as both parties accept the BTC there is an exchange of value.

What I wonder is: doesn't it affect all the tax decisions that countries may have made recently. If Bitcoin is not currency, then we should no longer be taxed (or differently). I don't know if you follow my reasoning.

There have been multiple attacks from banks and governments against bitcoin in the last months, especially in 2019. I think they just realized how powerful bitcoin is and they are trying to somehow make people lose trust in bitcoin by finding all kind of reasons why it cant be ussed as a currency. We dont know what plans they have but anyways i wish the good luck in their attempt to defame bitcoin

banks understand money differently, very well regulated banks are actually more correct than libertarian private ones that just enrich themselves at expense of others,

During the early civilization rare metals and other commodities were used as a medium of exchange. This later turned to be metal coins, and the with the existence of banks the entire system got changed. Similarly the present era is all about the technology backed creation of coins. Now paperless economy is highly preferred and cryptocurrencies fulfills the same.

Well, I don't care how they call it. Actually not everyone call it a currency some calls it an asset or a valuable asset. As long as I know what its value for me then to hell with their opinions. Bitcoin investors who've known its value for years are more than willing to just shrug their shoulder in this kind of remarks. They are just threaten with the future of bitcoin since bitcoin users/investors do not need these centralized banks by the way.

It seems like that a lot of institutions are now comfortable with the idea of integrating blockchain tech into their operations, but they are still quite negative overall about BTC as a currency.

That said, though, this is an absurd accusation. If anything, bitcoin is more so money than fiat currency is, because it is able to serve as a long term store of value due to the fact that the currency supply is fully decentralised and cannot be manipulated, diluted, or debased by a central entity the way fiat has essentially been depreciating for as long as it has existed.

It serves all the functions of money, just like precious metals, but in a much better and efficient way. Though, when you get banks to comment on BTC at any time there is always some possibility of conflict of interest, as bitcoin does somewhat take away the control that they have.