Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Used for Commodity Trading? Oil, Pork Bellies, etc...
by
forboon
on 12/04/2014, 14:28:20 UTC
Yes.  Exactly.

Bitcoin would also be a commodity in the market engine.  It would be the fluid that makes it all work in harmony.

NO
bitcoin wont be a commodity. learn what a commodity is.

what bitcoin would be, is the dominant currency/value measure that countries all use.
research reserve currency
http://sites.stat.psu.edu/~babu/nash/money.pdf

Yes it WILL be commodity, as described like water by nash who is satoshi themselves, in the paper ideal money, that explains the part of bitcoin we haven't yet realized. Bitcoin is to be a public commodity, and to change its use in order for what satoshi/nash describes as "ideal money"

This is how nash is able to accurately predict the flow of such a new currency into the hands of the public and how long it should take to hit its tipping point.  He can do this because he also re wrote the governing dynamics of a general fluid.