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No, there it works as a tradable commodity.

Different. Similar, but different. It's an important difference too.




Because you say so? Commodities are goods or services, bitcoin is neither.


I don't want to get into this discussion but everything is an asset. Bitcoin is an asset, so is the coffee you bought today at starbucks. It doesn't really matter as long as you can bridge it for your needs.


No, a commodity is a marketable item produced to satisfy wants or needs, usually fungible.

Bitcoin is all of those.

It's for this reason that the USCFTC ruled that Bitcoin is a commodity. So not because I say so; because the people whose job it is to say so, say so.




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