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by Cobragri 1458 days ago
Commodities have no capped supply and fungible. GRIN resembles to commodity with its emmission model and fungibility feature as well.
1 comments

> Commodities have no capped supply

Since when has this ever been true?

Silver is a commodity, is it not?

https://en.wikipedia.org/wiki/Silver_Thursday

That wikipedia article mentions derivative market silver,it is a contract based silver at futures excchanges.

Silver has a perpetual mining for thousand years, like gold.

Surely there is a finite quantity of silver and gold in the earth, though, is there not?

Not all of the silver and gold in the ground has been mined, to be sure, but neither has all of the Bitcoin, either.