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19min chapter
255. Is bitcoin a currency or a commodity?
The Bitcoin Standard Podcast
Bitcoin: Commodity or Currency?
This chapter explores the dual classification of Bitcoin as both a commodity and a currency, highlighting its decentralized nature and marketability. It contrasts Bitcoin with centrally controlled digital assets, discussing the characteristics that enhance the market status of various commodities. Additionally, the chapter examines historical contexts of money alongside Bitcoin's potential future role as a medium of exchange.
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