Yes, partially.
Bitcoin has almost all of the characteristics of money - unit of account, store of value and means of exchange.
Bitcoin's only problem is its too high price volatility. You do not know how much value you exactly store, since Bitcoin can either rise 60 % or fall 60 % in the space of three months.
Otherwise, Bitcoin is actually much more efficient than USD bankkontes printing. Minting Bitcoin takes up less resources, does not create so much waste and is verified by the global population.
I think Bitcoin will slowly take up market share from USD, since people are now fundamentally distrustful of the United States Dollar and other paper money. Especially now in times of high inflation.
In times of high inflation people are getting disgusted from paper money and the politicians behind them.
Bitcoin is a fresh, new, democratic alternative.
Sooner or later politicians, even US democrats will embrace Bitcoin, I think.
Bitcoin's efficiency and turnover velocity can increase tax revenue and thus the loosely controlled Bitcoin could become more palatable for politicians.
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