Is Bitcoin a currency or commodity? - letsdiskuss
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Trading | Posted on | News-Current-Topics


Is Bitcoin a currency or commodity?


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Digital Marketing Executive | Posted on


Bitcoin is designed as a distributed payment system for equal partners who conduct business without using a middle man and thus it is a medium of exchange. Bitcoin can also be defined as synthetic commodity money i.e. Selgin, which shares features with both commodity monies like gold and fiat monies like the U.S. dollar.


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