Row 81520

Row ID: 81520 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 81520 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

> Crypto produces nothing of value

It produces blockspace, which actually is *incredibly valued*. Some applications [here](https://www.reddit.com/r/investing/comments/1cz70yp/sec_approves_first_ever_ethereum_spot_etf/l5hena8/).

> returns are entirely driven by speculation.

Speculators and gamblers are paying fees to the protocol just like everybody else. The whole point of credible neutrality and permissionlessness means Ethereum does not discriminate what people use the chain for.

Yes, a lot of activity is certainly speculative; **that is true of all early tech**. We're seeing real adoption however: ETFs, Futures, EIB bonds, Visa Settlement, Paypal, Stripe, MC, etc

FieldValue
text > Crypto produces nothing of value It produces blockspace, which actually is *incredibly valued*. Some applications [here](https://www.reddit.com/r/investing/comments/1cz70yp/sec_approves_first_ever_ethereum_spot_etf/l5hena8/). > returns are entirely driven by speculation. Speculators and gamblers are paying fees to the protocol just like everybody else. The whole point of credible neutrality and permissionlessness means Ethereum does not discriminate what people use the chain for. Yes, a …
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-24
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url_encoded Z0FBQUFBQm5Lak8yeEhkRU1QRVlEVDZUaXFOQVliTlJFYU5TM1M5TGo2dTZwMUN0QXM5b1dnb2ltWFUtYllWaldIMWJueUZkdzJnX19OMW5GSG55OHRJUWdNTzgxa0VDNXYySzVRdWo2WHFuazBTWmUwY2FESlA3YWplY2pTNVNDZGVYRkVQYV9XeGJwaXAyMV9sODFmRG4zVTI1U3BiMkE3Zi1MM3JFWXdwRTZxNXhIU19yb3V4WXNpSV9URFYxUFJZYlRvUVZjNE9ENjcwUmU3T0RqR25uaWc0dy10c1V1UT09

Raw Record

{
  "text": "> Crypto produces nothing of value\n\nIt produces blockspace, which actually is *incredibly valued*. Some applications [here](https://www.reddit.com/r/investing/comments/1cz70yp/sec_approves_first_ever_ethereum_spot_etf/l5hena8/).\n\n> returns are entirely driven by speculation.\n\nSpeculators and gamblers are paying fees to the protocol just like everybody else.  The whole point of credible neutrality and permissionlessness means Ethereum does not discriminate what people use the chain for. \n\nYes, a lot of activity is certainly speculative; **that is true of all early tech**. We're seeing real adoption however: ETFs, Futures, EIB bonds, Visa Settlement, Paypal, Stripe, MC, etc",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1sV0xNTjh3ZnZwazVHdmp0WmtmcGtldldQUVZsa3RVU2V3cGFBNGxQdE9CN01ob095eFU1UUVEZzdiWG5OWUE3ZzN5RzhqRXQ2NDBlZjhET25ESHR1Vmc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak8yeEhkRU1QRVlEVDZUaXFOQVliTlJFYU5TM1M5TGo2dTZwMUN0QXM5b1dnb2ltWFUtYllWaldIMWJueUZkdzJnX19OMW5GSG55OHRJUWdNTzgxa0VDNXYySzVRdWo2WHFuazBTWmUwY2FESlA3YWplY2pTNVNDZGVYRkVQYV9XeGJwaXAyMV9sODFmRG4zVTI1U3BiMkE3Zi1MM3JFWXdwRTZxNXhIU19yb3V4WXNpSV9URFYxUFJZYlRvUVZjNE9ENjcwUmU3T0RqR25uaWc0dy10c1V1UT09"
}
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