And I don't see how it will become one without stability, which leaves it the nominal role of "currency" but a defacto role of "security" or "commodity" that doesn't happen to be backed by assets as such things tend to be.
I suppose if it remains consistently deflationary over medium-long term periods, that could still be useful, but doesn't really fulfill the role most crypto advocates envision.
I suppose if it remains consistently deflationary over medium-long term periods, that could still be useful, but doesn't really fulfill the role most crypto advocates envision.