(BTC) is a dynamic financial asset with the potential of being each — a commodity and a forex. As an example, the Securities and Change Fee (SEC) categorized BTC as a commodity, whereas El Salvador made Bitcoin a authorized tender in 2021.
So, does this make BTC a retailer of worth or a medium of alternate? It may well do each — On one hand, BTC could be added to treasuries as an inflationary hedge. Then again, it may additionally serve the retail objective of paying for routine bills.
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