Bitcoin, no, because it’s a hopelessly out of date blockchain that actively resists having new capabilities added to it. Ethereum, on the other hand, is designed that way from the ground up. Many of the other smaller but more modern blockchains are also like that.
You can’t use them as a currency everywhere. But the same can be said for any other currency too. You can’t use US dollars everywhere. You can’t use Chinese Yuan everywhere. And so forth. A currency doesn’t have to be universally accepted everywhere on the planet for every application before it’s useful.
Regardless, I was talking about using Ethereum as a distributed database.
People don’t use bitcoin or other cryptocoins as a general purpose database. They use it as they’d use a stock.
Bitcoin, no, because it’s a hopelessly out of date blockchain that actively resists having new capabilities added to it. Ethereum, on the other hand, is designed that way from the ground up. Many of the other smaller but more modern blockchains are also like that.
And yet they’re still used like a stock and you can’t really use them as a currency.
You can’t use them as a currency everywhere. But the same can be said for any other currency too. You can’t use US dollars everywhere. You can’t use Chinese Yuan everywhere. And so forth. A currency doesn’t have to be universally accepted everywhere on the planet for every application before it’s useful.
Regardless, I was talking about using Ethereum as a distributed database.