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In A Recent Article

Bitcoin is the only outside money that can be immediately physically settled to and from anywhere in the world.

In a recent article, Yermack (2025) argues that bitcoin is not money because it functions poorly as a medium of exchange, unit of account, and store of value. We offer a

Bitcoin was designed by its pseudonymous inventor, Satoshi Nakamoto, to work as a currency, but its status as a currency is disputed. [1] Economists define money as a store of value, a

While Bitcoin May Not Be

While Bitcoin may not be considered money in the traditional sense, it has emerged as a popular store of value and alternative investment asset. Many investors view Bitcoin as a digital gold, a hedge against inflation, currency devaluation, and geopolitical

Is bitcoin money? And what that means - ScienceDirect

Three Reasons Why Bitcoin Is Not Money - The

Why is Bitcoin not considered money? - Reelfinancial.com

No, Bitcoin is not outside money - by michaellwy

Bitcoin Is A Cryptocurrency, But Is It Money? - Forbes

Outside Money Are Simply Commodities

Why is Bitcoin considered outside money? - watcher.guru

Outside money are simply commodities such as gold or Bitcoin. The actual definitions suggest that inside money is an asset representing a form of private debt (non

Economics of bitcoin - Wikipedia