Cryptographic forms of money neglect to satisfy any of its conventional 3 capacities: Gavin Jackson

Designed to be completely private and unrelated to governments, can cryptocurrency be the future of money? Well, so far these decentralized electronic tokens have generally not worked very well as currency as they fail to fulfill any of its three traditional functions, says a new book by London-based financial writer Gavin Jackson.
"Their price has been extremely volatile: using them as a means of account would mean changing the price of goods and services daily according to the views of speculators.