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Land, Gold and Bitcoins are all commodities. I don't have to care which specific instance of them I have (mostly, land is where it gets funny but that's more s
by tehbeard 6y ago
Land, Gold and Bitcoins are all commodities.
I don't have to care which specific instance of them I have (mostly, land is where it gets funny but that's more secondary effects like transport hubs, taxation, regulations etc at which point it's not "land" it's a location I'm after).
A domain name? It's a unique registration on a global index. It's value is in that uniqueness.