Re:Ask HN: Is anyone else glad the crypto market is crashing?
by slv77 on Thursday May 12, 2022 @01:54PM
(#31357653)
A commodity is a raw material that has a wide amount of utility in creating different products. Corn become corn oil, ethanol, cornstarch, etc. Gold becomes jewelry, computer chips, electrical connectors.
Crypto isn’t so much a commodity as a collectible like a stamp or a beanie baby.
Crypto isn’t so much a commodity as a collectible like a stamp or a beanie baby.