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- W2183680890 abstract "The relationships between bitcoin and the core economic concepts of goods, scarcity, commodity, and monetary types are examined based on a strict division between abstract action theory and technically informed case interpretation. This analysis identifies bitcoin as a rival digital with competitive monetary and novel non-monetary characteristics. The emergence of such an unlikely commodity calls for refining the historical thesis of the demate- rialization of money, which narrates an advance from material monies to immaterial fiat monies. In contrast to conventional financial services and common historical practices, users can control and use bitcoin units, including advanced transfer features, without having to rely on third-party services or counterparty-issued substitutes." @default.
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- W2183680890 date "2014-01-01" @default.
- W2183680890 modified "2023-09-23" @default.
- W2183680890 title "Commodity, scarcity, and monetary value theory in light of bitcoin" @default.
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