Row 90437

Row ID: 90437 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 90437 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

> Owning Bitcoin gives you no power in the network.

You don't buy bitcoin if you want power in the network, you buy mining ASICs, are you new here?

You get power (and more BTC, which you immediately use to buy additional ASICS) by owning ASICs.

Buying ASICs is 1:1 exactly functionally analogous in the BTC ecosystem as buying and staking ETH is in ETH ecosystem. They work exactly the same way. The rich get richer in both cases exactly proportionally to how rich they are.

If you don't like that, fine, but it's exactly equally true of BTC and ETH... and every other crypto, so you probably shouldn't be in crypto at all if you don't like rich people getting richer. You should be like... I dunno, in a Marxism club or something.

FieldValue
text > Owning Bitcoin gives you no power in the network. You don't buy bitcoin if you want power in the network, you buy mining ASICs, are you new here? You get power (and more BTC, which you immediately use to buy additional ASICS) by owning ASICs. Buying ASICs is 1:1 exactly functionally analogous in the BTC ecosystem as buying and staking ETH is in ETH ecosystem. They work exactly the same way. The rich get richer in both cases exactly proportionally to how rich they are. If you don't like tha…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-25
username_encoded Z0FBQUFBQm5Lak1yeWtmSDNldm9GakJoQThGVTNZczhaX1dpcF81RmgyYVhSeUVjNFM5YzE4Y2tDOC1pT250d01nb2NxaWRtb0FTaDNwTXMtbDU0RVdUSlp1OWNZQUwwQ3c9PQ==
url_encoded Z0FBQUFBQm5Lak85VXZvc1lnZldvSmllTEhFa3NONVVVb0FFV2ZIVXlhdWpBV0xOeWlObFFFN2dXdThTSTZDMEhrY2FBQzdEaFRVMUx2VXRHbXVlMUpiLVYtVUZRdkRxUWMyWWFBY2dwRDZXUnE3UVpaYmZNN2NtUVFPNFZzQmVqcFluNF9zRHB4QTU1NmVIRTQ0aW1nMWpVLW1kTmNrU1QxcHc5ck84STNWeWdRWHhOcGhVVS1LcFpGOFc5TXB2WjNfRzcxbjBReGlUeWJJWmRBeWJCUGt2SGR4VWNoUTV4Zz09

Raw Record

{
  "text": "> Owning Bitcoin gives you no power in the network.\n\nYou don't buy bitcoin if you want power in the network, you buy mining ASICs, are you new here?\n\nYou get power (and more BTC, which you immediately use to buy additional ASICS) by owning ASICs.\n\nBuying ASICs is 1:1 exactly functionally analogous in the BTC ecosystem as buying and staking ETH is in ETH ecosystem. They work exactly the same way. The rich get richer in both cases exactly proportionally to how rich they are.\n\nIf you don't like that, fine, but it's exactly equally true of BTC and ETH... and every other crypto, so you probably shouldn't be in crypto at all if you don't like rich people getting richer. You should be like... I dunno, in a Marxism club or something.",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-25",
  "username_encoded": "Z0FBQUFBQm5Lak1yeWtmSDNldm9GakJoQThGVTNZczhaX1dpcF81RmgyYVhSeUVjNFM5YzE4Y2tDOC1pT250d01nb2NxaWRtb0FTaDNwTXMtbDU0RVdUSlp1OWNZQUwwQ3c9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak85VXZvc1lnZldvSmllTEhFa3NONVVVb0FFV2ZIVXlhdWpBV0xOeWlObFFFN2dXdThTSTZDMEhrY2FBQzdEaFRVMUx2VXRHbXVlMUpiLVYtVUZRdkRxUWMyWWFBY2dwRDZXUnE3UVpaYmZNN2NtUVFPNFZzQmVqcFluNF9zRHB4QTU1NmVIRTQ0aW1nMWpVLW1kTmNrU1QxcHc5ck84STNWeWdRWHhOcGhVVS1LcFpGOFc5TXB2WjNfRzcxbjBReGlUeWJJWmRBeWJCUGt2SGR4VWNoUTV4Zz09"
}
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