1.1.5 Bitcoin, a peer-to-peer network launched in 2009, used a virtual currency, named bitcoin, to pay for virtual acquisitions online. While many of its users and supporters call bitcoin “money”, several US regulatory agencies have recently denied bitcoin the currency status, the Commodities and Futures Trading Commission calling it, in a September 2015 decision, a “commodity”.

What do you think? Why wouldn’t bitcoin qualify as money?