How ETH is anything close to a commodity is beyond me.

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Economic good (positive price), check

Fungible, also check

Premined, ran by a core team and direction dictated by that same team.

It’s more in line with a company than a commodity.

It can be both. Companies can produce commodities. The token has the two definitive features of a commodity. If the market price goes to zero, it will cease being a commodity.

I Don't know..