Post
Topic
Board Bitcoin Discussion
Re: Cryptocurrency as Commodities in Indonesia.
by
Herlina
on 09/06/2018, 06:40:11 UTC
just goes to show they dont even know what a commodity is

a commodity is a raw material used in the creation of other products (EG oil=fuel, what=bread, gold=curcuits)
bitcoin is an asset.

by adding things as a commodity thats not a commodity is just wrong.. not just for mis-representing what crypto is. but also muddying the water of what commodities are.
For me the wrong response is the usual thing, they can assume that crypto is a commodity or not
IMO. the most important thing is they legalize crypto, we have a chance to prove that crypto is an asset or digital currency if they do it