3min chapter

Life Itself Podcast cover image

A Macroeconomics Perspective on Cryptocurrencies

Life Itself Podcast

CHAPTER

What Is the Difference Between a Commodity and a Security?

If you're making up a commodity and you're trying to sell it to people, i guess that makes you a stalisman of a commodity. But if you have something that is just like a crypto currency hanging out in the ether with people trading it, like doch coin or bitcoin, then it's not really tipe to any meaningful economic activity. So it's more like a commodity to me. Ah. This is more a question for a lawyer really, and i would say it depends on country's law to so. There'se some maxim lists that really buy bit coin, you know, for religious purposes. And this is why there is temanker for bitcoin that's at

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode