Row 33354

Row ID: 33354 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 33354 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Volatile.

Decentralized.

Not backed by anything.

Hoo boy. I’m relatively new to investing, but to my knowledge, these ain’t great things for people wanting stability.

I don’t think these are as beneficial as you think they are.

As for fiat currency being a scam, well…duh. Like the number zero, it’s the communal lie that keeps the world going around: it may not be based on anything physical like gold, but it works because everyone understands that it has to work.

A wise man once explained that fiat currency isn’t based on gold but something that is worth more than gold: the output of the country that’s issued it. In our case, the United States, which is a giant gold bar that gets bigger every day.

FieldValue
text Volatile. Decentralized. Not backed by anything. Hoo boy. I’m relatively new to investing, but to my knowledge, these ain’t great things for people wanting stability. I don’t think these are as beneficial as you think they are. As for fiat currency being a scam, well…duh. Like the number zero, it’s the communal lie that keeps the world going around: it may not be based on anything physical like gold, but it works because everyone understands that it has to work. A wise man once explained …
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-21
username_encoded Z0FBQUFBQm5Lak1IckhkdG5LTlQzWXlCalduSlJVaVpqSE5GZF9saUN3Y1NCUVQ1eHlJSnBoTWtpTE9JSjh5ZWk3Vm4wVEIxSkN1Vi1DRFFaRFdMSzRWVzRkdE91Mk11SlE9PQ==
url_encoded Z0FBQUFBQm5Lak9YRlVSV1RYcHlhSkl5Uk8tZ290Rjd3TzJETjFvSW9rZ0Zmdmg3NTBKaEZIeW54SG0tQy13ZzlpS3VhYVU1U3cwMXgxMDR5NzdWS2FPLVJiUDl5dVV1S0xkYzhMdXRvTGtGOWtza2ZuV3lCU0F5NmI2d2xSTzRpQVNNRHBDS3pTTEV5MndHUEJZRjhiMHdwbzRjczF4XzNoalRxNC1BMUtsa3JCYVVxak1vYnBtRS1PTFlSOGFkZXpLOGpYYmZzbmhN

Raw Record

{
  "text": "Volatile.\n\nDecentralized.\n\nNot backed by anything.\n\nHoo boy.  I’m relatively new to investing, but to my knowledge, these ain’t great things for people wanting stability.\n\nI don’t think these are as beneficial as you think they are.\n\nAs for fiat currency being a scam, well…duh. Like the number zero, it’s the communal lie that keeps the world going around: it may not be based on anything physical like gold, but it works because everyone understands that it has to work.\n\nA wise man once explained that fiat currency isn’t based on gold but something that is worth more than gold: the output of the country that’s issued it.  In our case, the United States, which is a giant gold bar that gets bigger every day.",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1IckhkdG5LTlQzWXlCalduSlJVaVpqSE5GZF9saUN3Y1NCUVQ1eHlJSnBoTWtpTE9JSjh5ZWk3Vm4wVEIxSkN1Vi1DRFFaRFdMSzRWVzRkdE91Mk11SlE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9YRlVSV1RYcHlhSkl5Uk8tZ290Rjd3TzJETjFvSW9rZ0Zmdmg3NTBKaEZIeW54SG0tQy13ZzlpS3VhYVU1U3cwMXgxMDR5NzdWS2FPLVJiUDl5dVV1S0xkYzhMdXRvTGtGOWtza2ZuV3lCU0F5NmI2d2xSTzRpQVNNRHBDS3pTTEV5MndHUEJZRjhiMHdwbzRjczF4XzNoalRxNC1BMUtsa3JCYVVxak1vYnBtRS1PTFlSOGFkZXpLOGpYYmZzbmhN"
}

Entry Information