Row 94265

Row ID: 94265 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 94265 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I see two main problems here.

First, bitcoin and crypto in general is so volatile that a rational, risk-averse person would not put their net worth in the form of bitcoin. Sure it goes up because of scarcity & demand, but it also goes down. Would you consider a storehold of wealth an asset that could potentially half in a year?

Second, sure you can use bitcoin for SOME transactions (very limited everyday transactions) but if everyone were to use it in the way you describe the network would be very slow, inefficient and expensive, right?

FieldValue
text I see two main problems here. First, bitcoin and crypto in general is so volatile that a rational, risk-averse person would not put their net worth in the form of bitcoin. Sure it goes up because of scarcity & demand, but it also goes down. Would you consider a storehold of wealth an asset that could potentially half in a year? Second, sure you can use bitcoin for SOME transactions (very limited everyday transactions) but if everyone were to use it in the way you describe the network would be …
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-25
username_encoded Z0FBQUFBQm5Lak10MlFGTVhnd3pxLVctakE4OUxpYU1fMkY5MUVWV2IyMjZ1Tjk2WmdFekpGV2dSbGJEOEZGNF9VWmg2WTRvN0FhS2RiLTFuejV6OW11WlFXVkxqNmU5VUE9PQ==
url_encoded Z0FBQUFBQm5Lak9fYVRIdUpLUjlocENSY1BveWgxTzdzUzY4VHh5WEk5TTRWbER2ZGdaeXNMOUZXMEhXR2YtQ082UXpHSlh6bUpoRGVFN3NqcjVyX2V3bWVCNGtHazh3UFR2N1hHQllVTGFmYk04Q1p1OUlFcWYxQUtEM2R1ZUlCWEQ4ZlpsYVZSaGJHY2NUSFlScVY1MUpVaVB6d0VrWGxCSVRaNXdoMkhqMlFVTm03NTlDUUkyMmF3ZWEyaUpyTkxHMUtYMTJQZHI1VVFKN0tqVmNjX1ZXQmxlelhWczIwZz09

Raw Record

{
  "text": "I see two main problems here.\n\nFirst, bitcoin and crypto in general is so volatile that a rational, risk-averse person would not put their net worth in the form of bitcoin. Sure it goes up because of scarcity & demand, but it also goes down. Would you consider a storehold of wealth an asset that could potentially half in a year?\n\nSecond, sure you can use bitcoin for SOME transactions (very limited everyday transactions) but if everyone were to use it in the way you describe the network would be very slow, inefficient and expensive, right?",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-25",
  "username_encoded": "Z0FBQUFBQm5Lak10MlFGTVhnd3pxLVctakE4OUxpYU1fMkY5MUVWV2IyMjZ1Tjk2WmdFekpGV2dSbGJEOEZGNF9VWmg2WTRvN0FhS2RiLTFuejV6OW11WlFXVkxqNmU5VUE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9fYVRIdUpLUjlocENSY1BveWgxTzdzUzY4VHh5WEk5TTRWbER2ZGdaeXNMOUZXMEhXR2YtQ082UXpHSlh6bUpoRGVFN3NqcjVyX2V3bWVCNGtHazh3UFR2N1hHQllVTGFmYk04Q1p1OUlFcWYxQUtEM2R1ZUlCWEQ4ZlpsYVZSaGJHY2NUSFlScVY1MUpVaVB6d0VrWGxCSVRaNXdoMkhqMlFVTm03NTlDUUkyMmF3ZWEyaUpyTkxHMUtYMTJQZHI1VVFKN0tqVmNjX1ZXQmxlelhWczIwZz09"
}
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