Row 49648

Row ID: 49648 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 49648 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I have been sitting on this for a while, and wanted to share my thoughts. There are two key elements to this.

Every year the amount of people that buy Bitcoin weekly/monthly whilst never selling goes up every year. For example, It could be 1000 people DCA'ing $50 a month and because of the finite supply and scarcity of Bitcoin, this causes the price to increase on a long-term basis. Every year the finite supply is locked away by those who believe in the inevitable scenario of hyper-bitcoinalization. Over time, this has scaled to institutions, billion dollar companies and nation states such as MicroStrategy and El Salvador who are continuously buying Bitcoin without selling. This snowballing effect will ultimately result in Bitcoin becoming more valuable in $$$ terms regardless of what happens.

Secondly, the more people that become invested into Bitcoin whether thats directly or indirectly, will ultimately have a vested interest in protecting the asset and making sure it succeeds. From a psychosocial standpoint, Bitcoin scratches the itch of mankind's natural predisposition to greed, self-interest and self-preservation. The incentive structures are just perfect.

Watching this global game theory exercise is truly amazing. I genuinely believe that those who continue to buy Bitcoin over the next 10 years will put themselves in a far greater position than they otherwise would have been. Keep DCA'ing.

FieldValue
text I have been sitting on this for a while, and wanted to share my thoughts. There are two key elements to this. Every year the amount of people that buy Bitcoin weekly/monthly whilst never selling goes up every year. For example, It could be 1000 people DCA'ing $50 a month and because of the finite supply and scarcity of Bitcoin, this causes the price to increase on a long-term basis. Every year the finite supply is locked away by those who believe in the inevitable scenario of hyper-bitcoinaliza…
label r/bitcoin
dataType post
communityName r/Bitcoin
datetime 2024-05-22
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url_encoded Z0FBQUFBQm5Lak9oQktZdUpjUGl0Tl9QZXc2U0cxb1A4SlNpNWVFN2J0czJDeDc1czNyWU5VZE9hcVczaVZkRXhJQUkwU0k3REFqclJETllrUzliWC1Ha2ZibWl6N3huazk0cUtrVDIyRHFsSmJCTGt0aHBEUTY5ZjFwTnU4U215U1RrMkJZN2QxSm1lS09ObGEyYWgzUkkybmhXNGU1UTJQeUdkWlhTbjZsRnAxelpiNlBPZXRJaDN4Rmg0Z3R3NVpUbWc5d0wtTHdmU0VtSUlSZXhVY2FQbGJPUUVUT2xVQT09

Raw Record

{
  "text": "I have been sitting on this for a while, and wanted to share my thoughts. There are two key elements to this.\n\nEvery year the amount of people that buy Bitcoin weekly/monthly whilst never selling goes up every year. For example, It could be 1000 people DCA'ing $50 a month and because of the finite supply and scarcity of Bitcoin, this causes the price to increase on a long-term basis. Every year the finite supply is locked away by those who believe in the inevitable scenario of hyper-bitcoinalization. Over time, this has scaled to institutions, billion dollar companies and nation states such as MicroStrategy and El Salvador who are continuously buying Bitcoin without selling. This snowballing effect will ultimately result in Bitcoin becoming more valuable in $$$ terms regardless of what happens. \n\nSecondly, the more people that become invested into Bitcoin whether thats directly or indirectly, will ultimately have a vested interest in protecting the asset and making sure it succeeds. From a psychosocial standpoint, Bitcoin scratches the itch of mankind's natural predisposition to greed, self-interest and self-preservation. The incentive structures are just perfect.\n\nWatching this global game theory exercise is truly amazing. I genuinely believe that those who continue to buy Bitcoin over the next 10 years will put themselves in a far greater position than they otherwise would have been. Keep DCA'ing.",
  "label": "r/bitcoin",
  "dataType": "post",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1TOEpEWi14NGFxb3FYdFJCUmp0U3JvbEhvZkdHWk9UcDZTelA5UkNHenM3b1lIdlVDME03T2hfOW1EalJEYWRHcFJpbzBjdk9lOGxvQnowMWgtbEtpemFNUDh3ZC0yeTJTQnZFWWFjTi1pWGs9",
  "url_encoded": "Z0FBQUFBQm5Lak9oQktZdUpjUGl0Tl9QZXc2U0cxb1A4SlNpNWVFN2J0czJDeDc1czNyWU5VZE9hcVczaVZkRXhJQUkwU0k3REFqclJETllrUzliWC1Ha2ZibWl6N3huazk0cUtrVDIyRHFsSmJCTGt0aHBEUTY5ZjFwTnU4U215U1RrMkJZN2QxSm1lS09ObGEyYWgzUkkybmhXNGU1UTJQeUdkWlhTbjZsRnAxelpiNlBPZXRJaDN4Rmg0Z3R3NVpUbWc5d0wtTHdmU0VtSUlSZXhVY2FQbGJPUUVUT2xVQT09"
}
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