$BTC

Bitcoin was originally created as a form of payment, and in certain specific cases it works exactly as intended. However, it lacks widespread adoption and is currently too volatile to be considered a true alternative to fiat currency: sellers need to constantly revise their prices to deal with fluctuating movements in its value.

This means that Bitcoin is primarily used as an investment, similar to gold and other precious metals, rather than a traditional currency. Like commodities, the currency is beyond the direct influence of a particular economy, and is not significantly affected by changes in monetary policy.

Remember that while Bitcoin is not affected by many of the factors that affect traditional currencies, there are a number of unique influences to consider.