Row 94531

Content Data

This page contains data entry 94531 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Raw Record

{
  "text": "Many people were saying the same of the internet in the early 90s my friend.\n\nAs someone who understands the technology, it is pretty disruptive. Removing the need for an intermediary to monetary transfer and allowing it to be done near instantly, in some cases for less than a penny, is just the tip of the iceberg when it comes to use case. It is totally overhyped, but the hype is based on reality at least.\n\nThe entire thing has blown up and become a speculative casino at this point, which is why people don't understand it. I will say that real world use is actually steadily ticking up. Many online retailers have begun accepting various cryptocurrencies over the past year or two, as well as the move for some larger institutions to accept bitcoin, like Microsoft and Expedia. More recently, you can utilize services to purchase a gift card for practically any brand (including the likes of Walmart, Amazon, etc.) using an array of cryptocurrencies. You just don't know this because you don't live in a third world country where it makes more sense to use bitcoin over a failing currency. But thats the thing. Those third world countries are the people the entire idea of cryptocurrency was born to aid. It has little use in a modernized country, but in a third world nation, especially ones with failing currencies, limited to no banking access, or for people with loved ones elsewhere internationally, it is revolutionary advancement already.\n\nCryptocurrency was conceived in 2008, born in 2009. Its only roughly 16 years old. Its clunky. Its complex. It requires technical knowledge. It hasn't been adapted to have proper UI. It hasn't been regulated. It hasn't been adopted.\n\nThe internet was created in 1969. How widespread was it in 1985? But look at it today. Even if you want to use 1981 as the inception date for the internet (even though that would be inaccurate), it still took 20 years for it to catch on to the point of the speculative nature we now see with crypto\n\nThats how disruptive technology becomes adopted. It doesn't happen overnight. It doesn't happen in 20 years, even. It happens over a long period of time. The problem with cryptocurrency, is that it is really the first technology to disrupt a global market since the internet. This created a hype storm, via the internet, of a proportion never seen before. What we have now in crypto is akin to the 90-2000s internet bubble. A few more years and some regulation, and 95+% of all the tokens on the market will be worthless. But the winners that emerge will be the Microsoft and Amazon of cryptocurrency\n\nSorry, just hate to see all the misunderstanding of the asset class just because of its reputation given to it by the bad actors in the space.",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-25",
  "username_encoded": "Z0FBQUFBQm5Lak10anFYY3loMHdxYm1UNlI0RmxnNmlXel91MWd2N1ozMmV6TlFWOFNla1pjaGoyOUJpVjM4clQ0QnU2bnBrY19FX3VUX0xpMEVnc01EMG9IcTR0Qm5wMWc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9feFpIa1BZdHJQNGhob1E1NzBvTUQyRHZyb2RnUmROQWE1Z0d4c1JOV0pVSlZ3SmNPZ3ZLWXlCM2t3RmxqSGFaZXMyd05vWXY4WGhXUkJyYkg1b0VHRU1lVVVfU0lGTV9lTlJJT3F0cXV2eTkyRmVMRUtrUGs5OFNqUFp1UlFfMTVIQmRscE1ERVZBZ012ZDhCRUVDQ1JyeFZnX1NTTW93NGtwMVU5NFFKYjV0MzNrblhPSnVXcl9nSVhnelRxY2lwTWpKRHdnV0JfVE1kS3VjaV9Ga1BfUT09"
}

Entry Information

• Entry ID: 94531
• Repository: Axioma AXP
• Dataset: arrmlet/reddit_dataset_36
• Total Entries: 100,000