₿itcoin is a Commodity…
COMMODITIES — Those things which are useful or serviceable, particularly articles of merchandise movable in trade. Goods, wares, and merchandise of any kind; articles of trade or commerce. Movable articles of value; things that are bought and sold. This word is a broader term than merchandise, and, in referring to commerce may include almost any article of movable or personal property. Staples such as wool, cotton, ₿itcoin etc. which are traded on a commodity exchange and on which there is trading in futures.
#Fiat #money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it, hence it is backed by Bullshit!
#Fiat and “Crypto” $hitcoinz are defined as Securities…
SECURITY — Protection; assurance; indemnification. The term is usually applied to an obligation, pledge, mortgage, deposit, lien, etc., given by a debtor in order to assure the payment or performance of his debt, by furnishing the creditor with a resource to be used in case of failure in the principal obligation. Collateral given by debtor to secure loan. Document that indicates evidence of indebtedness.
Fiat is NOT money at all! #OptOut and take #SelfCustody of #PrivateKeys with #Bitcoin 💪🏼🤑
#Bitcoin is the new Planewide Reserve Asset! #nostr fixes the controlled communication problem!
