Damus
Des Imoto マキシ · 109w
Right, he changed the meaning of the word commodity, conflated it with the meaning of the word money, and hence moved #Bitcoin into another realm. He also said Bitcoin and the USD will coexist. Danger...
Reid  Walley profile picture
@Michael Saylor did *not* change the meaning of the word commodity. A commodity is an asset without an issuer, just like gold and oil.

The huge advantage that #Bitcoin has is that it’s a *digital* asset.

Along with Saylor, the SEC also deems Bitcoin to be a commodity:

“U.S. Securities and Exchange Commission Chair Gary Gensler has reiterated his claim that bitcoin (BTC) is a commodity.”

https://www.coindesk.com/layer2/2022/06/28/secs-gensler-reiterates-bitcoin-alone-is-a-commodity-is-he-right/
Des Imoto マキシ · 109w
Answer me these two questions. Can you eat Bitcoin? Or use it as raw material? Changing the meaning of words, in this case confusing money and commodities, is ultimately intended to dollarize #Bitcoin. To keep it in a box while maintaining the fiat system. To trade #Bitcoin. To create derivatives an...