Can Ethereum be used for money?

Could you please elaborate on whether Ethereum can indeed serve as a medium of exchange? I'm quite interested in understanding its potential as a currency. Could you explain how it might function in practical transactions? Also, are there any specific advantages or disadvantages of using Ethereum as money compared to traditional currencies? Additionally, could you discuss the current state of Ethereum's adoption as a payment method and its future prospects in this domain? Thank you for your insights.