No, it isn't.
Commodities are standardized materials.
Bitcoins are immaterial.
You're also missing the point - if they can cheat and make "infinite" gold, why can't they cheat and make infinite bitcoins? It's not like they actually have an infinitely large pile of gold somewhere
Sry every single point you mentioned is wrong. I don’t even know where to start.
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What are bitcoins made of?
Dude, not sure how you made it to #nostr. I leave in peace. ✌️
consensus
Ah, so you understand they are imaginary
I'm pretty sure you need people and infrastructure to enforce the consensus with it, idk why you mean with imaginary
an UTXO ##exist per every available bitcoin you can always put all those utxos in a piece of paper and operate with it if you need more realism
The ledger exists (in computer memory) but the things tracked by the ledger do not exist.
If I tracked the bitcoins on paper the ledger would be just as real as when it was in computer memory and the things tracked just as imaginary.
You call the items tracked "Bitcoin", but you could call them unicorns or mithrils or jabberwockies with just as much validity.
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tottaly wrong, all statements. dig litte more in the rabbit hole because you missing much information.
