Row 68146

Row ID: 68146 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 68146 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I'm talking about BTC specifically, which has some technical challenges that ETH and stablecoins have partially mitigated.

One of the core characteristics of currency is acceptability. A currency is only as viable as its acceptability. I would be unable to make neccessary daily transactions in the US or India using only BTC - and on that basis I claim that it does not meet its primary purpose. This doesn't mean that nobody makes any transactions with BTC or that I couldn't make some transactions with BTC. I am claiming that effectively nobody uses BTC for all their daily transactions... because it isnt viable.

This doesn't mean it might not become viable in the future. I have more faith in other crypto myself but who knows. To your point, BTC transaction growth is increasing rapidly.

> What does your personal experiences have to do with anything?

The use of currency is a pervasive experience. To the extent that BTC is pervasive, which is your claim, a small sample size should be representative of the population.

FieldValue
text I'm talking about BTC specifically, which has some technical challenges that ETH and stablecoins have partially mitigated. One of the core characteristics of currency is acceptability. A currency is only as viable as its acceptability. I would be unable to make neccessary daily transactions in the US or India using only BTC - and on that basis I claim that it does not meet its primary purpose. This doesn't mean that nobody makes any transactions with BTC or that I couldn't make some transactio…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-23
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Raw Record

{
  "text": "I'm talking about BTC specifically, which has some technical challenges that ETH and stablecoins have partially mitigated.\n\n\nOne of the core characteristics of currency is acceptability. A currency is only as viable as its acceptability. I would be unable to make neccessary daily transactions in the US or India using only BTC - and on that basis I claim that it does not meet its primary purpose. This doesn't mean that nobody makes any transactions with BTC or that I couldn't make some transactions with BTC. I am claiming that effectively nobody uses BTC for all their daily transactions... because it isnt viable.\n\n\nThis doesn't mean it might not become viable in the future. I have more faith in other crypto myself but who knows. To your point, BTC transaction growth is increasing rapidly.\n\n\n> What does your personal experiences have to do with anything?\n\n\nThe use of currency is a pervasive experience. To the extent that BTC is pervasive, which is your claim, a small sample size should be representative of the population.",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-23",
  "username_encoded": "Z0FBQUFBQm5Lak1kT2s5NHUyV0FNVGJEdlprOGpKQUl6RWt2a0QwdWZjeThCY3VXTkZRakFTdzR5SGFfN2ZJc2swREJ4S3U2V1dfbHNSbk5qX2R4cVZnQ2FNZXYtbmkwU09semZwZmh6c2FyVmQ2LV90LUtqSEE9",
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}
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