Row 10162

Row ID: 10162 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 10162 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

You should check out Jeff Booth. He will explain some of your questions I think.

Basically an efficient economy, especially in the age of AI and technological advancements, is deflationary by nature, so prices should fall over time in bitcoin terms to account for this increase in efficiency.

The only reason inflation exists is they print enough to cancel out this deflation, and then some extra on top, it used to be about 2%, now closer to 10%.

FieldValue
text You should check out Jeff Booth. He will explain some of your questions I think. Basically an efficient economy, especially in the age of AI and technological advancements, is deflationary by nature, so prices should fall over time in bitcoin terms to account for this increase in efficiency. The only reason inflation exists is they print enough to cancel out this deflation, and then some extra on top, it used to be about 2%, now closer to 10%.
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-20
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Raw Record

{
  "text": "You should check out Jeff Booth. He will explain some of your questions I think.\n\nBasically an efficient economy, especially in the age of AI and technological advancements, is deflationary by nature, so prices should fall over time in bitcoin terms to account for this increase in efficiency.\n\nThe only reason inflation exists is they print enough to cancel out this deflation, and then some extra on top, it used to be about 2%, now closer to 10%.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw1cUtwUUJRUWV6Y3JKaG5xTWxzb3ZDQklUYllFNnZqWWpPMk1RT0ViRnh0aHFuNjJHc3VuU0kxV2ZjdmxlZEF4cUpHeGVvNkQxd25ZenRsUVlUdDBGbFE9PQ==",
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}
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