How is the TCM different from a commodities market?
In a commodities market there is an underlying physical good such as wheat or gold that the contract is based on. In a simplistic view, you are buying and selling the underlying commodity when you enter into the contract. With Truth Claims, the commodity in question is a notional Claim, not a physical good. The distinction isn’t terribly important. We can use the following terms true-sider, buyer, and long investor interchangeably to refer to someone who believes a Claim will be judged TRUE. Those who believe in the falsity of the Claim are false-siders, sellers, or short investors.