Nate on Nostr: I am reconsidering my previous opinion that #Bitcoin is a commodity. It is a ...
I am reconsidering my previous opinion that #Bitcoin is a commodity.
It is a commodity only when measured in fiat currency terms. Otherwise it is actually a currency.
And seeing as all fiats are on the road to hyperinflation and worthlessness, it really doesnt make sense to view #Bitcoin as anything other than a currency.
Published at
2024-05-02 15:10:57Event JSON
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"content": "I am reconsidering my previous opinion that #Bitcoin is a commodity.\n\nIt is a commodity only when measured in fiat currency terms. Otherwise it is actually a currency. \n\nAnd seeing as all fiats are on the road to hyperinflation and worthlessness, it really doesnt make sense to view #Bitcoin as anything other than a currency.",
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