Row 11730

Row ID: 11730 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 11730 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

One of the main arguments I always hear against bitcoin is that it cannot scale, it is slow and expensive, so X coin/currency/blockchain is better. In my opinion this scalability problem is not really a problem. Bitcoin does not need to completely replace all currencies and it does not need to handle everyday transactions all around the world (at least not on the base layer). Sure not everybody will be able to afford using bitcoin on the base layer when fees are spiking if more people use it but at least it is a fair system and the users themselves set the fees in a free market. I see bitcoin as a way to save purchasing power and I like the comparison with gold because you cannot use gold for for everyday transactions either and it has been a store of value for a long time. Whats way more important is that Bitcoin is secure, decentralized and limited in supply which makes it the best store of value out of all assets imo. Would love to hear more opinions on this topic.

FieldValue
text One of the main arguments I always hear against bitcoin is that it cannot scale, it is slow and expensive, so X coin/currency/blockchain is better. In my opinion this scalability problem is not really a problem. Bitcoin does not need to completely replace all currencies and it does not need to handle everyday transactions all around the world (at least not on the base layer). Sure not everybody will be able to afford using bitcoin on the base layer when fees are spiking if more people use it bu…
label r/bitcoin
dataType post
communityName r/Bitcoin
datetime 2024-05-20
username_encoded Z0FBQUFBQm5Lakw2V08yeUs4V2ZCODVudkVqUkNmWVZKcllYOU9yTTR3S2hTUFRZdTVHSGFoMXhHdkVPX21XNVVqdnZFaVNhWEoxcS1SSzF2cjEwcjI4WVMyMEhValM5Q0E9PQ==
url_encoded Z0FBQUFBQm5Lak9KT0ZUOG8wdWhZZUdGNXFjeG5fWkJrWmpzblNScWF2aGVQaF9pbFFXQlBCc2trbDVDNFBVZkxndmFMTGd5N3gzdjl2Z3Z6TVJLcVpfenZ1QmlZYUYtRlRjcVhDZUdTNUx2bUdLdnYwUXNhbnVFbDM1UmNHUFNzbVREaEZFTzgxR1JzLVFiNWQ5ZTluNWVjRlh5WUZDWENEdHVDaUQ2WXV3QWlBZVRYT0RMV1lkZTMtX1U2c01NeE80RWszVDlLb25pcUwwaXU3S2s5UEN4NHV3YVllZkVfUT09

Raw Record

{
  "text": "One of the main arguments I always hear against bitcoin is that it cannot scale, it is slow and expensive, so X coin/currency/blockchain is better. In my opinion this scalability problem is not really a problem. Bitcoin does not need to completely replace all currencies and it does not need to handle everyday transactions all around the world (at least not on the base layer). \nSure not everybody will be able to afford using bitcoin on the base layer when fees are spiking if more people use it but at least it is a fair system and the users themselves set the fees in a free market. I see bitcoin as a way to save purchasing power and I like the comparison with gold because you cannot use gold for for everyday transactions either and it has been a store of value for a long time. Whats way more important is that Bitcoin is secure, decentralized and limited in supply which makes it the best store of value out of all assets imo. Would love to hear more opinions on this topic.",
  "label": "r/bitcoin",
  "dataType": "post",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw2V08yeUs4V2ZCODVudkVqUkNmWVZKcllYOU9yTTR3S2hTUFRZdTVHSGFoMXhHdkVPX21XNVVqdnZFaVNhWEoxcS1SSzF2cjEwcjI4WVMyMEhValM5Q0E9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9KT0ZUOG8wdWhZZUdGNXFjeG5fWkJrWmpzblNScWF2aGVQaF9pbFFXQlBCc2trbDVDNFBVZkxndmFMTGd5N3gzdjl2Z3Z6TVJLcVpfenZ1QmlZYUYtRlRjcVhDZUdTNUx2bUdLdnYwUXNhbnVFbDM1UmNHUFNzbVREaEZFTzgxR1JzLVFiNWQ5ZTluNWVjRlh5WUZDWENEdHVDaUQ2WXV3QWlBZVRYT0RMV1lkZTMtX1U2c01NeE80RWszVDlLb25pcUwwaXU3S2s5UEN4NHV3YVllZkVfUT09"
}
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