Perhaps true if it was a currency, but it doesn't look anything like one to me.
It seems most people disagree. Why do you feel that way?
Hah, because I think differently to most people my friend
I am looking at it from a different perspective. You seem to be saying 'the textbook calls it a currency'. I am saying 'I can't buy a coffee with it'.
Bitcoin is not a practical currency. It wanted to be a currency, but currently is failing badly. Perhaps it can be fixed?
Once something turns bubbly then it could be tulips, currency, .com shares. It really makes no difference as none have any inherent value worth a damn at the end of the day. The inherent value argument does not apply once the 'thing' becomes a bubble.
There is no doubt that the vast majority of bitcoin transactions are trading on the price rising and very few transactions are actually using it as a currency. So it isn't actually used in real life as a currency very much.
Interestingly the bitcoin powers that be could 'print' more bitcoin if they chose to, by altering the difficulty factor to target some Bitcoin/USD rate instead of to an arbitrary block production target.