Row 22242

Row ID: 22242 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 22242 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

My girlfriends dad is insistent that by Bitcoin being infinitely divisible, it's no different than how they print more and more dollars. He reckons and says "what happens when Bitcoin becomes so expensive that people can't afford to buy or use it and I was wondering if that's a real possibility or not. I'd like some people to weigh in and maybe help me explain or articulate better that it's the opposite of inflation. He also is insistent that it has no use because it's not backed by anything. I tell him it's the utility behind it that gives it it's value and then he says at some point it has to collapse because it's not "real"...

Edit: Please keep comments respectful! There's no tension, I'm just genuinely looking for an explanation! He's a cool guy and he's playing devils advocate not necessarily being hostile! Also he'd like to know what would happen if the dollar crashes. Would BTC become worthless?

FieldValue
text My girlfriends dad is insistent that by Bitcoin being infinitely divisible, it's no different than how they print more and more dollars. He reckons and says "what happens when Bitcoin becomes so expensive that people can't afford to buy or use it and I was wondering if that's a real possibility or not. I'd like some people to weigh in and maybe help me explain or articulate better that it's the opposite of inflation. He also is insistent that it has no use because it's not backed by anything. I …
label r/bitcoin
dataType post
communityName r/Bitcoin
datetime 2024-05-21
username_encoded Z0FBQUFBQm5Lak1BUjQzb1o3aWE3TGlrWjI3N1BMVWJJRTU2RVN2YUE3VmRhSWlJTWJ2Y182cXVTXzVUN1MyOENHNzlpWW9KRFd4R3R3NlFaOWt6OUdMcEMyaDZ4T3h5UlE9PQ==
url_encoded Z0FBQUFBQm5Lak9RdlJpcUdJNnpTZmxmdnkzMjFCOXlpcE81UjlPelpySWZyb0t2NjJ4MlNBdDk1b3l0N1NoXzFfN3FOUklEWmpfQVEzQTZ5QXBoWDJRS2xfbERiZFlvVEEwb3ViVlFhS2dNVmliSVRDbURqU1NidDJRNktzRUY5UllWOWc3T3Z0UWtSSFhSNDQ5S3Z3b0s2VDRyVHBUVDZZRGVyQVVOeURuNVJjNnVPNzB3c3VfQS1mYUFzck5ZSmdGeUJUXzlVUmZ4

Raw Record

{
  "text": "My girlfriends dad is insistent that by Bitcoin being infinitely divisible, it's no different than how they print more and more dollars. He reckons and says \"what happens when Bitcoin becomes so expensive that people can't afford to buy or use it and I was wondering if that's a real possibility or not. I'd like some people to weigh in and maybe help me explain or articulate better that it's the opposite of inflation. He also is insistent that it has no use because it's not backed by anything. I tell him it's the utility behind it that gives it it's value and then he says at some point it has to collapse because it's not \"real\"...\n\nEdit: Please keep comments respectful! There's no tension, I'm just genuinely looking for an explanation! He's a cool guy and he's playing devils advocate not necessarily being hostile! Also he'd like to know what would happen if the dollar crashes. Would BTC become worthless?",
  "label": "r/bitcoin",
  "dataType": "post",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1BUjQzb1o3aWE3TGlrWjI3N1BMVWJJRTU2RVN2YUE3VmRhSWlJTWJ2Y182cXVTXzVUN1MyOENHNzlpWW9KRFd4R3R3NlFaOWt6OUdMcEMyaDZ4T3h5UlE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9RdlJpcUdJNnpTZmxmdnkzMjFCOXlpcE81UjlPelpySWZyb0t2NjJ4MlNBdDk1b3l0N1NoXzFfN3FOUklEWmpfQVEzQTZ5QXBoWDJRS2xfbERiZFlvVEEwb3ViVlFhS2dNVmliSVRDbURqU1NidDJRNktzRUY5UllWOWc3T3Z0UWtSSFhSNDQ5S3Z3b0s2VDRyVHBUVDZZRGVyQVVOeURuNVJjNnVPNzB3c3VfQS1mYUFzck5ZSmdGeUJUXzlVUmZ4"
}

Entry Information