Row 95228

Row ID: 95228 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 95228 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

>Storing value is a use.

Actually, you are right. Storing value is a use. It just isn't a use that can give bitcoin a value.

>There is a market for Bitcoin therfore Bitcoin has value.

As a logical statement, it is true.

As a causal statement, it is a fallacy reversing the cause and the effect. It is true that bitcoin having a value would cause a market for it to exist. Therefore, bitcoin having a value is the cause and the existence of the market for bitcoin is the effect.

>The fact that the network is slow means the primary use case for Bitcoin at the present moment is as a store of value.

Wrong. The *store of value* use is just *secondary*. Anything used as a store value must have some *primary* use case to get value, and only then it can become a store of value - you cannot store value in something not having a value. You seem to struggle to reveal what the primary use case for bitcoin is.

>improve lawyer two solutions

Lol. Hope you will find out what the word "lawyer" means.

> There is probably a use case for some type of stablecoin to peg against BTC.

It certainly is possible to peg a stablecoin against BTC. However, similarly as the *store of value* use case, it is just a *secondary* use case.

>To prove that Bitcoin doesn't have value you must explain...

It is not possible to prove that bitcoin does not have value, since Bitcoin does have a value. It does have a *primary* use, but the majority of people, including yourself do not know what it is.

FieldValue
text >Storing value is a use. Actually, you are right. Storing value is a use. It just isn't a use that can give bitcoin a value. >There is a market for Bitcoin therfore Bitcoin has value. As a logical statement, it is true. As a causal statement, it is a fallacy reversing the cause and the effect. It is true that bitcoin having a value would cause a market for it to exist. Therefore, bitcoin having a value is the cause and the existence of the market for bitcoin is the effect. >The fact that th…
label r/btc
dataType comment
communityName r/btc
datetime 2024-05-25
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Raw Record

{
  "text": ">Storing value is a use.\n\nActually, you are right. Storing value is a use. It just isn't a use that can give bitcoin a value.\n\n>There is a market for Bitcoin therfore Bitcoin has value.\n\nAs a logical statement, it is true.\n\nAs a causal statement, it is a fallacy reversing the cause and the effect. It is true that bitcoin having a value would cause a market for it to exist. Therefore, bitcoin having a value is the cause and the existence of the market for bitcoin is the effect.\n\n>The fact that the network is slow means the primary use case for Bitcoin at the present moment is as a store of value.\n\nWrong. The *store of value* use is just *secondary*. Anything used as a store value must have some *primary* use case to get value, and only then it can become a store of value - you cannot store value in something not having a value. You seem to struggle to reveal what the primary use case for bitcoin is.\n\n>improve lawyer two solutions\n\nLol. Hope you will find out what the word \"lawyer\" means.\n\n> There is probably a use case for some type of stablecoin to peg against BTC.\n\nIt certainly is possible to peg a stablecoin against BTC. However, similarly as the *store of value* use case, it is just a *secondary* use case.\n\n>To prove that Bitcoin doesn't have value you must explain...\n\nIt is not possible to prove that bitcoin does not have value, since Bitcoin does have a value. It does have a *primary* use, but the majority of people, including yourself do not know what it is.",
  "label": "r/btc",
  "dataType": "comment",
  "communityName": "r/btc",
  "datetime": "2024-05-25",
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Entry Information