Row 24581

Row ID: 24581 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 24581 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

>it was designed as a concept for a currency.

is it used as a currency? because for the most part it is not used at all like a currency, except where it is quite good for paying for black market services, moving something of value despite govt sanctions. for people doing sketchy stuff yes it can be useful in that way.

it is for the most part treated as an investment, so the comparison against profit generating assets is worth looking at. non profit generating assets like say precious metals also have not performed very well in the long term.

the problem is that... if btc is to be successful it would need to be stable. a for profit investment in btc contradicts its use as a currency. if your asset is appreciating each transaction you make is going to be a taxable event, and currencies that appreciate in value tend to be ineffective and cause pretty serious economic problems. why invest, why spend if the currency is expected to appreciate?

FieldValue
text >it was designed as a concept for a currency. is it used as a currency? because for the most part it is not used at all like a currency, except where it is quite good for paying for black market services, moving something of value despite govt sanctions. for people doing sketchy stuff yes it can be useful in that way. it is for the most part treated as an investment, so the comparison against profit generating assets is worth looking at. non profit generating assets like say precious metals a…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-21
username_encoded Z0FBQUFBQm5Lak1DMnhlSlBVOFpWdlZKWk11dThxYVdaa21SNUlLZkdaa1YyWFA0WnY3SXVOTGUzb1pQWk92dG8xcHBRQUpNUHZBOUVaYWkyTTA5WlBFaFZ4SEZQMzE1MXc9PQ==
url_encoded Z0FBQUFBQm5Lak9SQzJOeVF4S2Y4Q1FDNU5yVUZpek5fSzBLa2IzZ1pDZ0ZjR2FrXzVxZkczNVFDek9CSHFDdXdjT21FajFqZmlXc09QSTZrbHZUazZQU1o1N2xaV0NNTU5qME1rX1FPeVhpMFBkODdWTENVdDBybGpNcC01V2MzNWk4dFhqY2RhbHY1Z3VFTWtsTGc2RnNsZFl5WmdSenVOVm1UZDdleXdWUGZXbzZkYXZmYlIxMlgwUkIzSndzbXJyZjlnZDZYYzE0cEE3bm0ySE5PRXB4bXl5UjhzMzI4UT09

Raw Record

{
  "text": ">it was designed as a concept for a currency.\n\nis it used as a currency? because for the most part it is not used at all like a currency, except where it is quite good for paying for black market services, moving something of value despite govt sanctions. for people doing sketchy stuff yes it can be useful in that way. \n\nit is for the most part treated as an investment, so the comparison against profit generating assets is worth looking at. non profit generating assets like say precious metals also have not performed very well in the long term.\n\nthe problem is that... if btc is to be successful it would need to be stable. a for profit investment in btc contradicts its use as a currency. if your asset is appreciating each transaction you make is going to be a taxable event, and currencies that appreciate in value tend to be ineffective and cause pretty serious economic problems. why invest, why spend if the currency is expected to appreciate?",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1DMnhlSlBVOFpWdlZKWk11dThxYVdaa21SNUlLZkdaa1YyWFA0WnY3SXVOTGUzb1pQWk92dG8xcHBRQUpNUHZBOUVaYWkyTTA5WlBFaFZ4SEZQMzE1MXc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9SQzJOeVF4S2Y4Q1FDNU5yVUZpek5fSzBLa2IzZ1pDZ0ZjR2FrXzVxZkczNVFDek9CSHFDdXdjT21FajFqZmlXc09QSTZrbHZUazZQU1o1N2xaV0NNTU5qME1rX1FPeVhpMFBkODdWTENVdDBybGpNcC01V2MzNWk4dFhqY2RhbHY1Z3VFTWtsTGc2RnNsZFl5WmdSenVOVm1UZDdleXdWUGZXbzZkYXZmYlIxMlgwUkIzSndzbXJyZjlnZDZYYzE0cEE3bm0ySE5PRXB4bXl5UjhzMzI4UT09"
}
Explore Dataset Explore Row

Entry Information