The FCTC has ruled that bitcoin is actually a commodity, not a security, mostly due to the limited number of bitcoins and "proof of burn" required to acquire ne

The FCTC has ruled that bitcoin is actually a commodity, not a security, mostly due to the limited number of bitcoins and "proof of burn" required to acquire new bitcoins via mining. On that note... how is gold (or any other commodity, like oil or corn or wheat) not a security? Seems a little broad. I'm honestly not sure what the answer is, hopefully you (or someone else) can clarify.