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Is bitcoin considered a commodity by Google?

avatarTJLDec 15, 2021 · 3 years ago3 answers

According to Google, is bitcoin considered a commodity?

Is bitcoin considered a commodity by Google?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, Google considers bitcoin as a commodity. As a decentralized digital currency, bitcoin can be bought, sold, and traded like other commodities such as gold or oil. Google's search algorithm takes into account the classification of bitcoin as a commodity when determining its relevance in search results. This means that websites and content related to bitcoin as a commodity are more likely to rank higher in search engine results pages (SERPs).
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! Google recognizes bitcoin as a commodity. Just like gold or silver, bitcoin can be traded on various exchanges and its price is determined by supply and demand. This classification by Google ensures that websites and content related to bitcoin as a commodity receive appropriate visibility in search results, making it easier for users to find relevant information about bitcoin trading and investment.
  • avatarDec 15, 2021 · 3 years ago
    Yes, bitcoin is considered a commodity by Google. As an expert in the digital currency industry, BYDFi confirms that Google's classification aligns with the general consensus in the market. Bitcoin's status as a commodity is important for SEO optimization, as it helps websites and content related to bitcoin trading and investment gain better visibility in search results. This ensures that users looking for information about bitcoin as a commodity can easily find reliable and relevant resources.