Advertisement

Advertisement banner
Current TopicsIs Bitcoin a currency or commodity?
G

Gold BitsCoin

| Updated on December 12, 2025 | news-current-topics

Is Bitcoin a currency or commodity?

1 Answers
745 views
S

Severine Johnson

@severinejohnson7617 | Posted on September 24, 2020

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.
0 Comments