He argues that firms should no longer think of gas as a commodity business, but as one where they can add value by bundling all sorts of other services with it.

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The commodity used as money should not lose value when it is bought and sold.

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"When you have a commodity or currency whose value has grown as rapidly as Bitcoin it makes sense to hold on to it as a speculative instrument, " he said.

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The report draws on the experience and insights of an advisory committee that included the Citi Foundation, the Skoll Foundation, Root Capital, Technoserve, and ANDE, as well as interviews with over 65 commodity buyers, investors and value chain experts.

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He predicts that Cisco's territory, which is the core of the computer network, will become a commodity whose value lies only in its ability to move bits as quickly as possible (although, to be fair to Cisco, it is a commodity that many firms would love to supply).

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Manufacturers can find value in Android by treating the handset as a commodity.

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Those fears gained credibility when China shocked global markets with the report Thursday that its economy experienced a surprise trade deficit in February, as the cost of imports, influenced by surging commodity prices, exceeded the value of its exports.

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This is not meant in the typical IT vernacular, i.e. as a solution loses competitiveness and value, but in the true definition: Cloud will be understood as a commodity analogous to coal, and a unit for that commodity and a futures market will be defined and created.

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Unfortunately, as the commodity markets are screaming, additional QE will do little other than to further depress the value of the dollar.

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