Row 39892

Row ID: 39892 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 39892 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Yeah that's true. Also, since the gold standard doesn't exist, and only about 5% of the total market cap of USD is actually printed currency, pretty much all money is "imaginary". 95% of USD is entirely digital, and the actual bills/coins in circulation? Well they're only worth what the rest of the world thinks their worth. They are not backed by anything. If all of a sudden nobody wanted them anymore, they'd be worthless. It's no different than Bitcoin 😅. It's really been eye opening to me since I've started investing in BTC.

FieldValue
text Yeah that's true. Also, since the gold standard doesn't exist, and only about 5% of the total market cap of USD is actually printed currency, pretty much all money is "imaginary". 95% of USD is entirely digital, and the actual bills/coins in circulation? Well they're only worth what the rest of the world thinks their worth. They are not backed by anything. If all of a sudden nobody wanted them anymore, they'd be worthless. It's no different than Bitcoin 😅. It's really been eye opening to me sin…
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-22
username_encoded Z0FBQUFBQm5Lak1MUm0yc2RHbW9VZ210c1Qxa2MtZXM5Z3B6a044UmFtUXFRNE1kd1RZUjBEQWhHR0FoN2twcGtqY1BET2syanVaTVd2dGlGWkFnQ2FOYlpEaTBMUGJ4eWc9PQ==
url_encoded Z0FBQUFBQm5Lak9iNG9LOFd4S1pydnhOR3ZZcldxbFlxRjR3MHAxRXRWX0RJa1JkZzlWdEY5NlZHOG1CYndSZnBBeWJxZ3p1bU5la0FpY0x2RjJYaWV0cGdIQlhaZFpRZG1uVGQ0U2FITGRRa1JiaEN4dllGblh2VG85U1BqS2phZTZMVFNsUkFYR05pcnlobV9qZWNpaXI2eWVJeTFNNGVVQ0hBMXFnZm05akgyUkJzZW45SzFQeVBnclpsOHYyaXNERUNjVkhPSjBDQUEtSHpYLVl5bHpSbjVoS29XR2xKdz09

Raw Record

{
  "text": "Yeah that's true. Also, since the gold standard doesn't exist, and only about 5% of the total market cap of USD is actually printed currency, pretty much all money is \"imaginary\". 95% of USD is entirely digital, and the actual bills/coins in circulation? Well they're only worth what the rest of the world thinks their worth. They are not backed by anything. If all of a sudden nobody wanted them anymore, they'd be worthless. It's no different than Bitcoin 😅. It's really been eye opening to me since I've started investing in BTC.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1MUm0yc2RHbW9VZ210c1Qxa2MtZXM5Z3B6a044UmFtUXFRNE1kd1RZUjBEQWhHR0FoN2twcGtqY1BET2syanVaTVd2dGlGWkFnQ2FOYlpEaTBMUGJ4eWc9PQ==",
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}
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