Bitcoin: a Money-like Informational Commodity Nov 20 2017 11:11 languageMoneyScience
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Jan A. Bergstra, Peter Weijland
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).