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34 sats \ 1 reply \ @faithandcredit 4 Dec 2022
Huge if true. Not because bitcoin is considered "the only commodity" but that it is a considered a commodity. Caus that can be the basis of sound money.
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40 sats \ 0 replies \ @ek OP 4 Dec 2022
It has been considered a commodity for a long time. Found a source claiming that has been the case since 2015:
-- https://www.allenovery.com/global/-/media/allenovery/2_documents/news_and_insights/publications/2020/08/global_legal_insights_guide_-_cryptocurrency_as_a_commodity_the_cftcs_regulatory_framework.pdf
So the huge news is indeed that it is the only commodity.
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7 sats \ 0 replies \ @thebtctoto 4 Dec 2022
GG shitcoins 👋
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1 sat \ 0 replies \ @NorthKoreanHostage 4 Dec 2022
Just imagine in 20 years when this becomes common knowledge. Billion dollar Bitcoin price as this happens.
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