Row 27598

Row ID: 27598 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 27598 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Being infinitely divisible doesn’t diminish the value of Bitcoin whatsoever. Regularly printing fiat, that increases total supply, heavily devalues fiat.

If/when BTC becomes far more valuable in the future, people will just be spending/buying smaller fractions of a whole coin.

What is any fiat backed by nowadays? It hasn’t been backed by gold in many decades.

Every fiat currency in world history has eventually gone to zero, the dollar will eventually.

Sometimes it’s just better to change the subject. I’m not wasting a second of my time trying to convince someone why they should hold some amount of BTC if they are going to resist every point.

I have friends who are anti crypto, some of them regularly set money on fire trying to 10x on penny stocks. They haven’t hit on one yet.

Just tell him to read Fiat Standard. I’d say tell him to read the Bitcoin Standard but it sounds like his mind is made up on Bitcoin. At least could be educated on the history of fiat and where all current fiat is headed.

FieldValue
text Being infinitely divisible doesn’t diminish the value of Bitcoin whatsoever. Regularly printing fiat, that increases total supply, heavily devalues fiat. If/when BTC becomes far more valuable in the future, people will just be spending/buying smaller fractions of a whole coin. What is any fiat backed by nowadays? It hasn’t been backed by gold in many decades. Every fiat currency in world history has eventually gone to zero, the dollar will eventually. Sometimes it’s just better to chang…
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-21
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Raw Record

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  "text": "Being infinitely divisible doesn’t diminish the value of Bitcoin whatsoever. Regularly printing fiat, that increases total supply, heavily devalues fiat. \n\nIf/when BTC becomes far more valuable in the future, people will just be spending/buying smaller fractions of a whole coin. \n\nWhat is any fiat backed by nowadays? It hasn’t been backed by gold in many decades. \n\nEvery fiat currency in world history has eventually gone to zero, the dollar will eventually. \n\n\nSometimes it’s just better to change the subject. I’m not wasting a second of my time trying to convince someone why they should hold some amount of BTC if they are going to resist every point. \n\nI have friends who are anti crypto, some of them regularly set money on fire trying to 10x on penny stocks. They haven’t hit on one yet. \n\nJust tell him to read Fiat Standard. I’d say tell him to read the Bitcoin Standard but it sounds like his mind is made up on Bitcoin. At least could be educated on the history of fiat and where all current fiat is headed.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-21",
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