3 ms·

Hmm. When I think of commodity, I think of something that can be traded or consumed. Wheat? You can trade it or consume it. Metals, water rights, carbon credits

by cturner 11y ago

Hmm. When I think of commodity, I think of something that can be traded or consumed. Wheat? You can trade it or consume it. Metals, water rights, carbon credits? You can trade or consume them. Bitcoin doesn't have a consumption model. It's purely an exchange mechanism.

emodendroket 11y ago
Do you consume gold and silver?
- hajile 11y ago
  Every day from the ring on your finger to the circuits in your electronics that you're using to access this webpage (in addition to many other uses).
  - Vexs 11y ago
    You can also eat it, I've seen it on truffle pies. Silver can also be used as an antibiotic as well.
  - deleted 11y ago
    [deleted]