top | item 31923248

(no title)

erdewit | 3 years ago

What makes Bitcoin a commodity is that nobody can issue more Bitcoin, other then from mining, just like with physical commodities. The market can still be manipulated by the big players but that is besides the point. When more of an asset can be issued (created from thin air) then it is a security.

discuss

order

empraptor|3 years ago

i'm not sure why people keep thinking that there is a hard limit to number of bitcoins that can be mined when the network can be updated to allow more coins to be mined.