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Is Bitcoin a Commodity?
"The thing that's missing right now is the ability to actually apply to the CFTC or the SEC and say, this token should be deemed a commodity," he says. "If you forked it gave it to the world, disappeared and it ran like Bitcoin, but without the habings, then it would simply continue to inflate at whatever 3, 4% a year, X% a year,. Right? Well, that's a commodity, but it's not a scarcity. It's weak money."
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