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A commodity is a raw material that has a wide amount of utility in creating different products. Corn become corn oil, ethanol, cornstarch, etc. Gold becomes jew
by slv77 4y ago
A commodity is a raw material that has a wide amount of utility in creating different products. Corn become corn oil, ethanol, cornstarch, etc. Gold becomes jewelry, computer chips, electrical connectors.
Crypto isn’t so much a commodity as a collectible like a stamp or a beanie baby.