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Bitcoin: a Money-like Informational Commodity (1402.4778v1)
Published 19 Feb 2014 in cs.CY
Abstract: The question "what is Bitcoin" allows for many answers depending on the objectives aimed at when providing such answers. The question addressed in this paper is to determine a top-level classification, or type, for Bitcoin. We will classify Bitcoin as a system of type money-like informational commodity (MLIC).