Bitcoin: A Mainstream Currency or an Investment or a Bubble

This paper aims to determine the possibility of Cryptocurrencies like Bitcoinbeing used as a mainstream day to day currency and assess how crypto currencies compare to other investments. With legal restrictions across many countries and high level of volatility there might be little possibility of such an asset becoming a regular currency anytime soon. This leads us to the next question are these currencies just volatile assets that could possibly be the largest bubble since the tulip mania. In the paper we try to prove that reason why Cryptocurrenciescannot be used as regular currencies and how they compare with other assets and major previous bubbles.