Quote from: slackovic on Today at 09:40:19 AM

Quote from: Snowshow on Today at 09:00:43 AM

Commodity is something that exists. Be it digital or not. Digital things are existing things. Books, documents, sounds, pictures...are digital. Applications are digital. Non of them can you touch. But they exist. Saying bitcoin is a digital commodity is as nonsensical as saying Zeus is a digital commodity. You can say whatever you want for a thing whose existence you are not able to prove. You can write down in a database that you own 5 shares in Zeus. If you are not able to show Zeus, that what you've written down is nonsense. That's what Satoshi's software is doing. Writing down nonsense. Fake numbers. Quantities of a thing that no one is able to show. You can as well say that bitcoin is an ice cream. Or a car. Or a diamond. It's all equally stupid as saying that bitcoin is a digital commodity.

It's pointless to argue with you when you don't want to accept the premise that Bitcoin is a completely new thing and that you can't compare it to anything. Is Internet real? Internet doesn't cost anything and it can't be bought, but you must agree that it's a real thing and yet, you can't prove it's existence.

Quote from: romeitaly on Today at 09:33:16 AM

People who still have a hard time wrapping around their brains around the fact that bitcoin is a commodity are people that still thinks that they have to touch everything physically because they still can't believe that the digital age has been here for a long time and they still stick to the old values that might or might not be applicable anymore. Also, stocks are somewhat a digital commodity so I don't get why they can't believe bitcoin is one when bitcoin isn't even the first one.

True, but stocks are a representation of something. Bitcoin is not a representation of something. It's Bitcoin.

This is literally crazy. How do you know that bitcoin is "a thing" and that it is "new" if you're unable to prove its existence? Where're 5 things that the person bought after number 5 was attached to their address? What is that mega expensive product that the person paid $40.000 a piece? All you do is repeating "Bitcoin is this", Bitcoin is that" like a broken record, without proving anything.