Is bitcoin considered a commodity?
Is bitcoin considered a commodity?
In some countries, such as the United States, Bitcoin is considered a commodity. In this regard, Bitcoin is defined as a digital commodity. It therefore gets the same treatment as gold. It's not issued by a government but it’s traded for value.
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Peaktrader
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Re: Is bitcoin considered a commodity?
A number of regulators consider that it is a commodity, especially when it comes to taxation.Festus wrote: Thu Aug 14, 2025 8:10 pm In some countries, such as the United States, Bitcoin is considered a commodity. In this regard, Bitcoin is defined as a digital commodity. It therefore gets the same treatment as gold. It's not issued by a government but it’s traded for value.
Re: Is bitcoin considered a commodity?
As opposed to stocks, Bitcoin has no ownership association to it, and rather serves as a more digital form. It's regarded as a digital gold.Peaktrader wrote: Wed Aug 20, 2025 2:10 pmA number of regulators consider that it is a commodity, especially when it comes to taxation.Festus wrote: Thu Aug 14, 2025 8:10 pm In some countries, such as the United States, Bitcoin is considered a commodity. In this regard, Bitcoin is defined as a digital commodity. It therefore gets the same treatment as gold. It's not issued by a government but it’s traded for value.