BTC as Money?

Michael Saylor makes the case that Bitcoin should not be considered a currency due to its lack of legal tender status. He explains that using Bitcoin as a currency would result in added costs and complex accounting transactions due to its taxable status. Saylor also highlights that currencies are regulated by nation-states, and the advantages of using legal tender for transactions are significant. Additionally, Saylor discusses the potential impact of Bitcoin as an asset, which could demonetize other assets and make them more affordable for the average person.