Row 37541

Row ID: 37541 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 37541 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Whether the price grows relative to a government currency or remains constant relative to those currencies, Bitcoin will never become a productive asset. It generates no earnings; it pays no dividends. Its value is precisely what another person will pay to own it at a specific moment in time. Bitcoiners admit as much when they call it a currency.

Warren Buffett has never been a currency speculator. Instead of wondering why an investor in productive enterprises doesn't speculate in currencies, the more appropriate question would be "why doesn't a billionaire currency speculator like George Soros speculate in Bitcoin?"

FieldValue
text Whether the price grows relative to a government currency or remains constant relative to those currencies, Bitcoin will never become a productive asset. It generates no earnings; it pays no dividends. Its value is precisely what another person will pay to own it at a specific moment in time. Bitcoiners admit as much when they call it a currency. Warren Buffett has never been a currency speculator. Instead of wondering why an investor in productive enterprises doesn't speculate in currencies, t…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-21
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Raw Record

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  "text": "Whether the price grows relative to a government currency or remains constant relative to those currencies, Bitcoin will never become a productive asset. It generates no earnings; it pays no dividends. Its value is precisely what another person will pay to own it at a specific moment in time. Bitcoiners admit as much when they call it a currency.\n\nWarren Buffett has never been a currency speculator. Instead of wondering why an investor in productive enterprises doesn't speculate in currencies, the more appropriate question would be \"why doesn't a billionaire currency speculator like George Soros speculate in Bitcoin?\"",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-21",
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}
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