I read the recent forbes[1] article on Bitcoin and it made me wonder how someone could miss the point of Bitcoin so much. This lead to a particularly interesting debate on an IRC channel I'm on about whether or not Bitcoin is actually a currency. The pro side of the fence felt that as they could use it as a means of purchase it was good enough to be a currency. The anti-side felt that as it wasn't protected by law, it wasn't, and that it's volatility was more associated with a commodity such as gold.What do you think? Is Bitcoin a currency, a commodity or neither?
[1] - http://www.forbes.com/sites/steveforbes/2013/04/16/bitcoin-whatever-it-is-its-not-money/