Row 27600

Row ID: 27600 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 27600 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

On a Bitcoin standard, as long as you provide a valuable good or service to society, you'll gain more Bitcoin that will be worth more over time. Your analogy to a world on the fiat standard is incorrect. Read up on the Cantillion effect - which is basically what your original comment refers to. Of course, people will keep having to work harder for less money because the money we work hard for gets devalued over time. Bitcoin fixes this, and it doesn't just benefit the early adopters.

FieldValue
text On a Bitcoin standard, as long as you provide a valuable good or service to society, you'll gain more Bitcoin that will be worth more over time. Your analogy to a world on the fiat standard is incorrect. Read up on the Cantillion effect - which is basically what your original comment refers to. Of course, people will keep having to work harder for less money because the money we work hard for gets devalued over time. Bitcoin fixes this, and it doesn't just benefit the early adopters.
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-21
username_encoded Z0FBQUFBQm5Lak1FbXhreXRWcXFGSHZzMnR6aEFPbFFkX3FyYzJoN3UwSU9zZ0FNeWZsNmhZYkRhVXFLX3FXWFpvT2R0YWUxRGw0SzB6SG9WejRYMmgzdDFhTng0c184Wmc9PQ==
url_encoded Z0FBQUFBQm5Lak9URVd3dmQySllwZXRzNlpZaUVWdnFMWGV3LWczZkJDZk9mQzFfUjMwd3FvS3Q4RXVWaWEzaWVwcHU5MTNwZGF6dUZBaFg2Q3R4dVY1anZtbm9ZN3hGMFhlbnp3SzNVTTFPVm94MmtYQm9zQXQ3SlRXLXpxMTZ3QjAwYk9XOEc3YmJiUS1VVTgyaE1jNUVCbWZ1dXFKa0JVdVpVaHozLTJSeTA5dENFM2JMS3A4eVctR3JHa2tOZ1FRbVcyQ1ozckNCVnZwYnZwU280YjB3OGwxN0JtclZJZz09

Raw Record

{
  "text": "On a Bitcoin standard, as long as you provide a valuable good or service to society, you'll gain more Bitcoin that will be worth more over time. Your analogy to a world on the fiat standard is incorrect.  Read up on the Cantillion effect - which is basically what your original comment refers to. Of course, people will keep having to work harder for less money because the money we work hard for gets devalued over time.  Bitcoin fixes this, and it doesn't just benefit the early adopters.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1FbXhreXRWcXFGSHZzMnR6aEFPbFFkX3FyYzJoN3UwSU9zZ0FNeWZsNmhZYkRhVXFLX3FXWFpvT2R0YWUxRGw0SzB6SG9WejRYMmgzdDFhTng0c184Wmc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9URVd3dmQySllwZXRzNlpZaUVWdnFMWGV3LWczZkJDZk9mQzFfUjMwd3FvS3Q4RXVWaWEzaWVwcHU5MTNwZGF6dUZBaFg2Q3R4dVY1anZtbm9ZN3hGMFhlbnp3SzNVTTFPVm94MmtYQm9zQXQ3SlRXLXpxMTZ3QjAwYk9XOEc3YmJiUS1VVTgyaE1jNUVCbWZ1dXFKa0JVdVpVaHozLTJSeTA5dENFM2JMS3A4eVctR3JHa2tOZ1FRbVcyQ1ozckNCVnZwYnZwU280YjB3OGwxN0JtclZJZz09"
}

Entry Information